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Patika

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Automated payment solutions for African SMBs enhancing financial management.

Overview

Patika is an accounting suite tailored for small and medium-sized businesses (SMBs) in Africa, focusing on their financial challenges through automated payment solutions. The platform includes services such as rent billing, collections and reconciliation, school fee payments, and buy now pay later options. It integrates digital bank accounts with unlimited wallet accounts, allowing users to manage payments across various channels, including mobile money and direct bank transfers. The suite aims to enhance cash flow management and minimize non-payments by automating payment reminders and reconciliation processes. Patika's target market consists of African SMBs, with the goal of streamlining financial operations and improving payment management.

Key facts

Founded
2021
Headquarters
Nairobi, Kenya

Business model

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About Patika

What does Patika do?

Patika is an accounting suite tailored for small and medium-sized businesses (SMBs) in Africa, focusing on their financial challenges through automated payment solutions.

Where is Patika headquartered?

Patika is headquartered in Nairobi, Kenya.

When was Patika founded?

Patika was founded in 2021.

Which sector is Patika in?

Patika operates in Finance & Accounting Technology, part of Financial Technology.

Who are Patika's competitors?

Companies similar to Patika include Tiba, Thriday, and Xriba.