Tech Crunch | by Annie Nyanja
Churpy, a fintech startup based in Kenya, is looking to expand across Africa by setting up hubs in Egypt, Nigeria and South Africa for a planned continent-wide growth, driven by the $1 million in seed funding it just raised.
The account receivables automation startup is out to change how businesses manage the debt owed to them by their customers through its SaaS product, which automates the processes of reconciling incoming payments and invoices, a labour-intensive process that is still predominantly manual for most local companies.
The startup is connected with some of the largest banks in the region – including Citibank, Sidian, Stanbic and NCBA…
