Compliant with West African accounting standards, this online accounting solution is accessible in 17 African countries. It simplifies account management for small and medium-sized enterprises, independent entrepreneurs, and accounting firms.

Iwo is a fintech solution developed by a Beninese startup, enabling businesses to manage their accounting online from a computer or smartphone. The startup, based in Cotonou, was founded in 2020 by Razak Hachimou.

"Iwo enables the production of financial statements in compliance with standards in just one click and easy account management. Its team also offers expert support,” explains the startup. It adds : “Iwo prevents data loss in case of PC, tablet, or phone losses. You can access your data anytime, anywhere, thanks to the Internet." 

Since the startup does not have a mobile app, users access its services through its website. To try Iwo for free, they need to click on the button "Try for Free" and create their accounts with personal details such as first name, last name, email address, and phone number, as well as professional information like the company name and physical address.

After completing this step, they can access the many features of Iwo for free for 14 days to evaluate the solution. "The flagship feature of Iwo is the cash register, which simplifies accounting for entrepreneurs or business managers who do not have accounting skills or the means to hire an accountant or accounting firm. The cash register facilitates bookkeeping without debit-credit maneuvers," the startup explains.

In addition to the cash register, Iwo offers functionalities like the chart of accounts, general ledger, financial statements, projects, and transactions. After the trial period, users need to choose one of the subscription plans to continue using its features. The said plans are priced at XOF3,000 (about $5) for the Envol plan, XOF3,500 for the Mature plan, and XOF5,000 for the Expertise plan monthly. 

Adoni Conrad Quenum