Capsa Technology Inc

Capsa Technology Inc is a fintech startup founded in 2021 with its headquarters in the United States. The company has garnered attention with its slogan "The Amazon for Invoices in Africa - buy and sell invoices in a digital, secure and fast way!". The startup's platform, Getcapsa.com, offers an innovative invoice factoring solution that addresses the financial challenges of SMEs in Africa, particularly in Nigeria. Through Getcapsa.com, businesses can expedite their access to working capital by selling their unpaid invoices to available factors (investors) within 48 hours, effectively eliminating the 30-120 day wait period typically associated with outstanding invoices. The key value propositions offered by Getcapsa.com to SMEs include reduced days sales outstanding (DSO), faster access to funds, enhanced borrowing capacity, lower borrowing costs, decreased credit and collection risk, as well as reduced reliance on external sources of capital. By providing SMEs with a more efficient and accessible way to manage their cash flows, Capsa Technology Inc aims to empower small and medium-sized businesses in Nigeria and beyond. Notably, the startup secured a $120.00K Pre Seed Round investment on 12 September 2022, with Techstars participating as the lead investor. This investment demonstrates the confidence of industry players in the potential of Capsa Technology Inc and its disruptive approach to addressing financial hurdles for SMEs in Africa. With its unique value proposition and strategic vision, Capsa Technology Inc is positioned to make a meaningful impact in the information technology and fintech landscape, particularly in the African market.