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Kenyan startup TopUp Mama raises $1.7 million

TopUp Mama, [https://www.topupmama.com/] a Kenya-based startup providing supply access, financial services and business management tools to African restaurants has raised $1.7 million in its seed funding round. * TopUp Mama provides Kenyan and Nigerian restaurants with affordable data-driven supplies, short term credits and tools for business management.

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Kenyan startup TopUp Mama raises $1.7 million
Photo by Sigmund / Unsplash

TopUp Mama, a Kenya-based startup providing supply access, financial services and business management tools to African restaurants has raised $1.7 million in its seed funding round.

  • TopUp Mama provides Kenyan and Nigerian restaurants with affordable data-driven supplies, short term credits and tools for business management.
  • The startup has recorded a 1,000% growth and signed up 3,000 restaurants in the last 10 months.
  • The funds will be used to accelerate growth, build technology and scale sales management tools, the startup claims.
  • The funding round was led by Ventures Platform and JAM Fund, Next Billion Ventures, Future Africa, Jedar Capital, HoaQ Fund, First Check Africa and DFS Lab.
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi

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