Churpy

Modernizing account receivable finance operations in Africa.

Nairobi, Kenya · Founded 2021 · $1.1M raised

Headquarters
Nairobi
Employees
11–50
Founded
2021
Business Model
B2B
Website
churpy.co
Total Funding
$1.1M
Last Round
$1.0M SeedMar 2022
Rounds
2

About

Churpy is a fintech company modernizing account receivable finance operations across Africa. The platform offers integrated receivables management including automated invoice reconciliation against bank payments, real-time ERP connectivity via FinData API, electronic invoice presentment and payment, and trade finance solutions in partnership with banks. Churpy creates unique virtual accounts to consolidate debtor payments across multiple channels, automatically allocating over 90% of incoming payments directly in ERP systems. The platform reduces days sales outstanding (DSO), provides real-time account balance tracking, and offers credit analytics through self-service dashboards for businesses across Kenya and the wider African continent.

Summary

Churpy is a Fintech company based in Nairobi, Kenya, founded in 2021. It has raised $1.1M in total across 2 rounds, most recently a $1.0M Seed round in Mar 2022. Investors include Unicorn Growth Ventures and Antler.

Tech & App Stack

4 technologies & apps tracked

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Funding History

SeedSeed RoundMar 2022
$1.0M

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Investors

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