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Duplo

Emerging

Nigerian B2B fintech automating payables, receivables, and expense management across 5 African countries; YC-backed multi-currency platform competing with Flutterwave for African B2B payments.

42
AI Score
Grade C
AI Visibility Score (Beta)
Financial ServicesWebsiteUpdated October 2026

Company Overview

About Duplo

Duplo is a Nigerian B2B fintech company providing an integrated platform for African businesses to automate payables, receivables, and corporate expense management — enabling companies to pay suppliers via automated payment rails, collect from customers through digital payment links, and manage employee expense cards with controls and reporting. Founded in 2021 and backed by Y Combinator, Oui Capital, and Liquid 2 Ventures with $5.6 million raised, Duplo operates across Nigeria, Ghana, Kenya, Côte d'Ivoire, and South Africa with multi-currency support.

Business Model & Competitive Advantage

Duplo's platform addresses the fragmented B2B payment infrastructure in African markets where businesses still rely heavily on bank transfers initiated through multiple bank portals, paper checks, and informal reconciliation processes. The accounts payable automation enables bulk payment uploads with approval workflows, the accounts receivable product generates payment links that customers pay via mobile money, bank transfer, or card, and the expense management product issues virtual and physical corporate cards with spend controls. The multi-currency support across USD, GBP, EUR, and local currencies addresses the cross-border payment needs of African businesses with international suppliers or customers.

Competitive Landscape 2025–2026

In 2025, Duplo competes in the African B2B payments and financial operations market with Paystack (Stripe-acquired, primarily consumer payments), Flutterwave, and emerging B2B fintech platforms for African corporate payment automation. The African B2B payments market is substantially underserved by international platforms that don't integrate with local payment rails (M-Pesa, mobile money networks, local bank APIs) — Duplo's local-first approach provides the rail coverage that matters for African businesses. The 2025 strategy focuses on growing enterprise accounts (companies with 50+ employees processing significant payment volume), expanding geographic coverage across more African markets, and adding working capital and lending products that help businesses manage cash flow alongside payment operations.

Founded
2021
Curated content • Fact-checked and verified

Recent Activity

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Duplo Launches Treasury Management Solution in Nigeria to Centralise Treasury Operations for African Businesses

Lagos, Nigeria — September 30, 2026 Managing corporate cash across multiple banks, accounts, entities, and currencies is a major challenge for Nigerian businesses in 2026. Finance and treasury teams often work across disconnected banking portals, spreadsheets, and manual approval processes. As a result, they struggle to answer a basic question: what is our total cash … Duplo Launches Treasury Management Solution in Nigeria to Centralise Treasury Operations for African Businesses Read More » The post Duplo Launches Treasury Management Solution in Nigeria to Centralise Treasury Operations for African Businesses appeared first on Duplo .

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Why South Africa Is the Most Underserved B2B Payments Market on the Continent

South Africa’s consumer fintech story is impressive by any measure. In 2025, South African consumers completed over 118 card transactions per person per year, with total card volume hitting ZAR 2.9 trillion, growing at 10.4% annually. PayShap, the country’s real-time account-to-account payment rail, is live and scaling. Capitec’s digital banking platform serves millions. FNB’s app … Why South Africa Is the Most Underserved B2B Payments Market on the Continent Read More » The post Why South Africa Is the Most Underserved B2B Payments Market on the Continent appeared first on Duplo .

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How Prunet Digital Stopped Chasing Payments and  Got Its Time Back With Duplo

Running a creative marketing agency is a constant juggling act. At any given moment, there are multiple clients with live briefs, multiple campaigns in production, multiple deadlines converging at once. The creative work is fast, energetic, and demanding in the best possible way. The financial operations behind it are a different story entirely. “Managing the … How Prunet Digital Stopped Chasing Payments and Got Its Time Back With Duplo Read More » The post How Prunet Digital Stopped Chasing Payments and Got Its Time Back With Duplo appeared first on Duplo .

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How Nigerian Holding Companies Can Consolidate Treasury Across All Their Subsidiaries

The Group CFO of a Nigerian conglomerate with six subsidiaries does not lack financial data. The group spans FMCG distribution, real estate, logistics, and financial services. Every subsidiary produces its own records. Balance sheets. Payment records. Bank statements. Vendor invoices. Payroll runs. Expense reports. The problem is visibility. Without logging into multiple banking portals, the … How Nigerian Holding Companies Can Consolidate Treasury Across All Their Subsidiaries Read More » The post How Nigerian Holding Companies Can Consolidate Treasury Across All Their Subsidiaries appeared first on Duplo .

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Introducing Duplo Treasury Management: Enterprise Cash Control Built for African Businesses

The CFO of a Nigerian conglomerate with five subsidiaries, twelve active bank accounts, and operations across Lagos, Abuja, and Port Harcourt does not have a cash visibility problem in the conventional sense. She knows the cash exists. However, to see exactly where it sits, how much is committed or available, which entities hold idle cash, … Introducing Duplo Treasury Management: Enterprise Cash Control Built for African Businesses Read More » The post Introducing Duplo Treasury Management: Enterprise Cash Control Built for African Businesses appeared first on Duplo .

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How to Make Money Referring Nigerian Businesses to a Fintech Platform in 2026

Most Nigerian referral programs pay between ₦500 and ₦7,000 per successful sign-up. You share a link, a friend downloads an app, and you earn a small reward. However, if you want to make money referring businesses in Nigeria, the opportunity looks very different. That model is built for consumer acquisition. It works for fintech apps … How to Make Money Referring Nigerian Businesses to a Fintech Platform in 2026 Read More » The post How to Make Money Referring Nigerian Businesses to a Fintech Platform in 2026 appeared first on Duplo .

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Nigerian Churches Are Building Empires. Their Financial Infrastructure Should Match.

Nigerian church financial management is becoming increasingly complex as churches expand into large, multi-branch organisations with schools, universities, hospitals, media operations, and extensive community infrastructure. The Redeemed Christian Church of God operates over 40,000 parishes across nearly 200 countries. Living Faith Church seats 50,000 worshippers at a single service and runs two universities. The Redemption … Nigerian Churches Are Building Empires. Their Financial Infrastructure Should Match. Read More » The post Nigerian Churches Are Building Empires. Their Financial Infrastructure Should Match. appeared first on Duplo .

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How Nigerian Churches Can Manage Payments, Collections, and Financial Operations From One Platform

Sunday service ends. The offering baskets are counted. The totals are recorded by hand, entered into a spreadsheet, and compared against last week’s figures. On Monday morning, the church administrator begins the week’s financial work: reconciling weekend collections, processing vendor invoices, approving welfare fund disbursements, and chasing the branch in Ikeja for its weekend collection … How Nigerian Churches Can Manage Payments, Collections, and Financial Operations From One Platform Read More » The post How Nigerian Churches Can Manage Payments, Collections, and Financial Operations From One Platform appeared first on Duplo .

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Compliance Is No Longer Just an Obligation. It Is a Growth Strategy.

Nigeria’s most sweeping tax reforms in decades were signed into law by President Bola Ahmed Tinubu in June 2025 and came into effect on January 1, 2026. The Nigeria Tax Act introduced a unified tax administration framework, mandatory Tax Identification Numbers, strengthened withholding tax enforcement, a unified 4% Development Levy, and at the centre of … Compliance Is No Longer Just an Obligation. It Is a Growth Strategy. Read More » The post Compliance Is No Longer Just an Obligation. It Is a Growth Strategy. appeared first on Duplo .

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Banks as Distribution. Fintechs as Infrastructure. Why This Model Is the Future of African Business Finance.

Banks as distribution. Fintechs as infrastructure. It sounds like a clean division of labour. In reality, a B2B fintech bank partnership represents a fundamental shift in how banks and fintech companies can work together across Africa. In practice, this model has significant implications for how the next decade of African business finance gets built. Last … Banks as Distribution. Fintechs as Infrastructure. Why This Model Is the Future of African Business Finance. Read More » The post Banks as Distribution. Fintechs as Infrastructure. Why This Model Is the Future of African Business Finance. appeared first on Duplo .

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Top 20 FMCG Companies in Nigeria in 2026

The FMCG industry is one of the most thriving sectors of the Nigerian economy and it boasts a good number of companies that produce various types of products. Here are Nigeria's top FMCG companies in 2026. The post Top 20 FMCG Companies in Nigeria in 2026 appeared first on Duplo .

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Cross-Border Payments for Nigerian Professional Services Firms: Billing International Clients and Paying Overseas Contractors

A Nigerian law firm advising a UK-based client on a cross-border payment. A Lagos management consultancy delivering a strategy engagement for a European company expanding into West Africa. A Nigerian digital agency running campaigns for a US-based technology brand. An accounting firm advising a multinational on Nigerian tax compliance from a remote engagement. These are … Cross-Border Payments for Nigerian Professional Services Firms: Billing International Clients and Paying Overseas Contractors Read More » The post Cross-Border Payments for Nigerian Professional Services Firms: Billing International Clients and Paying Overseas Contractors appeared first on Duplo .

Key Differentiators

Emerging Innovator

Duplo is an emerging player bringing innovative solutions to the Finance market.

Frequently Asked Questions

Estimated Visibility Trend (Beta)

Simulated 8-week rolling score

42
→ Stable

Based on estimated brand signals. Historical tracking coming soon.

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