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Sanifu
AddedMar 22, 2024
UpdatedJul 3, 2026
Sanifu

Sanifu

Pre-Seed

Patika: Automating debt collection for Africa's SMBs, boosting revenue & efficiency.

HQ
Nairobi, Nairobi County, KE
Founded
2021
Accelerator
Y Combinator logoY CombinatorS22
Overview
Compare
Fundraising
Employees
Website

Patika's core mission is to automate debt collection for small and medium-sized businesses (SMBs) in Africa, enhancing revenue and operational efficiency. Their smartphone application replaces traditional pen-and-paper methods, allowing businesses to collect outstanding payments more effectively. Patika focuses on helping African SMBs recover the 35% of revenue typically not paid upfront, aiming to reach 50 million small businesses.

Patika has significantly impacted its market by enabling businesses to collect debts three times faster and increase payment collection by 25%. This improvement has reduced sales losses from non-payment and late payments, boosting overall business health. The company's innovative approach has transformed how African SMBs manage receivables, contributing to their financial stability and growth.

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Sanifu - Quick Facts

Who are Sanifu's competitors?

Companies similar to Sanifu include Rank, Payhippo, Duplo and Partna.

When was Sanifu founded?

Sanifu was founded in 2021.

Where is Sanifu's headquarters located?

Sanifu's headquarters is located in Nairobi, Nairobi County, KE.

When was Sanifu's last funding round?

Sanifu's most recent funding round was for $500k (USD) in January 2023.

How much has Sanifu raised to-date?

As of Jan 1, 2023, Sanifu has raised a total of $2M (USD).

How many employees does Sanifu have?

Sanifu has 6 employees as of Feb 24, 2024.

Sanifu - Classification

Ownership
  • Venture Capital
Technology
  • FinTech
  • SaaS
Geographic Exposure
  • Africa
Revenue
  • Recurring
  • Transactional
Customer
  • Small Business
Main Product
  • Financial Services
NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services
Show 4 more industry codes
SIC
  • 6000Depository Institutions
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice