Nigerian Fintech Billboxx Secures $1.6M Pre-Seed to Solve SME Cash Flow Woes
- Billboxx raised $1.6 million in a pre-seed funding round.
- Funding sources include Norrsken Accelerator, Kaleo Ventures, and others.
- Billboxx offers invoice financing to help SMEs access advance payments.
Billboxx's innovative approach to addressing cash flow challenges faced by SMEs in Africa is commendable. By providing tailored financial solutions, they not only support the growth of smaller businesses but also contribute to the overall economic development of the region. Their focus on becoming a comprehensive financial operating system for SMEs could significantly enhance financial inclusivity in Africa.
