While financial inclusion remains a challenge in Africa, this Moroccan startup offers a solution tailored to small businesses. It positions itself as an effective alternative to optimize their financial management.
Konta is a fintech solution developed by Moroccan startup Kontatech to streamline financial management for small businesses.
Founded in 2019 by Issam Dahman, El Arbi Aboussoror, and Mehdi Zirari, the Casablanca-based startup aims to simplify financial operations for entrepreneurs, freelancers, and small businesses.
“Our platform allows you to automate all your supplier invoice processing procedures. Thanks to our integration options with your accounting system, your expenses are constantly updated and easily accessible. You can control your outgoing cash flows and ensure compliance with your supplier accounts,” the company explains.
Konta offers a mobile payment account that enables users to manage financial transactions seamlessly. From its web platform, users can receive payments, make transfers, and track finances in real-time, providing an alternative to traditional banking systems often perceived as complex and ill-suited to their needs.
The solution incorporates artificial intelligence to assist users, eliminating the need for manual invoice data entry. AI captures and integrates invoice data, and automatically audits invoices upon receipt to prevent errors and fraud.
Konta also offers users the ability to schedule appointments with accounting experts to address specific concerns.
With its focus on accessibility and simplicity, Konta aims to become a key player in financial inclusion in Morocco and North Africa.
By Adoni Conrad Quenum
Editing by Feriol Bewa