Duplo
PrivateLast Round
Seed
Aug 31, 2022
Total Funding Raised
$5.6M
Company Overview
Duplo is a Nigerian financial technology company that provides a B2B payment platform for businesses in Africa. Founded in 2021 by Yele Oyekola and Tunde Akinnuwa, the company aims to digitize and streamline financial operations. Its platform offers a suite of products including expense management, vendor management, and tools for making and collecting local and international payments. Duplo automates processes such as invoice generation, payment collection, and account reconciliation, integrating with major ERP and accounting software like SAP, QuickBooks, and Sage. The company targets FMCG distributors and the finance teams of mid-size to enterprise businesses, describing itself as a "financial operating system for B2B companies". Duplo participated in the Y Combinator Winter 2022 batch and has raised seed funding from investors including Liquid2 Ventures, Soma Capital, and Tribe Capital.
Sector
FinTech
Verticals
Digital Payments, Accounting & Expense, Workflow Automation, BNPL, Corporate Banking
Business Model
B2B
Customer Profile
Payment Processing Fee, Subscription SaaS, Usage-Based SaaS, Freemium
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Duplo Comps
Public and private peers based on sector, stage, and business model.
Duplo Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Aug 31, 2022 | ||||
| Pre Seed | Feb 10, 2022 |
Duplo Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Commerce Ventures | Seed |
| Commerce Ventures | Seed |
| Nama Ventures | Seed |
| Tribe Capital | Seed |
| Oui Capital | Seed, Pre Seed |
| Y Combinator | Pre Seed, Seed |
| Soma Capital | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 15, 2026
New platform automates payments, invoicing, and reconciliation with Ozow.
- Apr 13, 2026
Partnered with Ozow Proprietary Limited for local payments and expense management.
Duplo Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Duplo's valuation, stock price, and market status.
