# Kippa: Financial services, Lagos, Nigeria

> Kippa: Kippa, operating as Africave Technologies Limited, is a prominent Nigerian fintech and software company focused on enhancing financial management for...

Source: https://millionrounds.com/startup/kippa (Millionrounds; every figure on the page links to its filing or article)

Nigeria · [Financial services startup](https://millionrounds.com/companies)

# Kippa

Kippa, operating as Africave Technologies Limited, is a prominent Nigerian fintech and software company focused on enhancing financial management for small and medium-sized enterpr

Funding reported Last round: Seed

Financial services Lagos, Nigeria

Company summary

- **Founded:** 2021 5 years old
- **Team:** 26 11 to 50 people
- **Funding reported:** 11.6M as listed, currency not stated
- **Last round:** Seed Sept 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Kippa has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Kippa

Kippa, operating as Africave Technologies Limited, is a prominent Nigerian fintech and software company focused on enhancing financial management for small and medium-sized enterpr

ises (SMEs) and micro-merchants. Founded in February 2021 and publicly launched in June 2021, Kippa has quickly gained traction, serving over 500,000 businesses across Africa, with a strong emphasis on the Nigerian market. Headquartered in Lagos, Kippa offers a mobile-first financial management solution that replaces traditional record-keeping with digital tools. Its flagship product, Kippa Core, is a user-friendly bookkeeping app that tracks income and expenses, generates invoices, manages inventory, and automates debt collection. Additionally, Kippa provides services for business registration and compliance through Kippa Start, and a payments infrastructure via Kippa Pay. The company also offers financial growth opportunities, including working capital loans, making it a comprehensive solution for small businesses in Nigeria.

## What company datasets say Kippa raised

Funding, as reported

Reported in all **11.6M** in the source's currency

Rounds **4**

Last round **Seed**

Last round size **8.4M**

Last round date **Sept 2022**

Investors listed **20**

## On 4 portfolio pages

Investors who name them

- [Target Global](https://millionrounds.com/fund/target-global)
- [Alter Global](https://millionrounds.com/fund/alter-global)
- [rocketship.vc](https://millionrounds.com/fund/rocketship-vc)
- [First Avenue Ventures](https://millionrounds.com/fund/first-avenue-ventures)

Each firm lists Kippa on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Built with from their website

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- **Sector:** Financial services
- **Industry code:** NAICS 522320, 513210
- **Region:** Lagos
- **Revenue:** 1M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/kippa)

## Financial services in Nigeria

Startups like it

- [**PalmPay** Lagos · founded 2019 *Raised*](https://millionrounds.com/company/palmpay)
- [**Daya** Lagos · founded 2025 *Raised*](https://millionrounds.com/company/daya)
- [**Creditchek** Lagos · founded 2021 *Raised*](https://millionrounds.com/company/creditchek)
- [**OPay** Lagos · founded 2018](https://millionrounds.com/startup/opay-3)
- [**One Finance & Investment** Lagos · founded 2012](https://millionrounds.com/startup/one-finance-investment)
- [**Transsnet Financial** Lagos · founded 2018](https://millionrounds.com/startup/transsnet-financial)
- [**Ultimcred Limited** Lagos · founded 2019](https://millionrounds.com/startup/ultimcred-limited)
- [**Access ARM Pensions** Abuja · founded 2004](https://millionrounds.com/startup/access-arm-pensions)

## Is this your company?

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