MiBuks

Website

Company Bio

Visit website ↗Explore our full portfolio & program companies
Founders

LvlUp insightsGenerated from LvlUp’s portfolio data and the company’s own updates
Similar companies

More in the LvlUp portfolio

See all →

Building something ambitious?

LvlUp Ventures backs founders from first check to late stage.

Apply for funding
Edward Kamara, Oluwabi Tunde
Pre-Seed
FinTech, B2B
Mibuks is a mobile business management application built to serve micro, small and medium scale (MSME) enterprises especially thoses operating in the informal market economy across many African countries like Sierra Leone, Ghana and other emerging economies across the sub-region. We create value by helping business owners replace paper records, memory recollection and guesswork with a simple digital tool that enables them to record sales and expenses, manage inventory, track debts , generate invoices and receipts and monitor business performance. This enables the business owners achieve better visibility into their business finances and operations, thereby improving decision-making, and overall business efficiency leading to better sustainable growth. Our primary customers are market traders, shop owners, food vendors, tailors, mechanics, beauty professionals, and other small businesses who often lack access to affordable business management tools. We also serve and partner. with cooperatives and NGOs, development partners who support MSMEs in different regions. We earn revenue mainly through subscriptions paid by business users, licensing and service agreeements with NGOs and development organisations. As users build transaction histories on the application, Mibuks creates digital business profiles and credit scores that can be used to access loans and other financial products from partner financial companies. This creates additional commission-based revenue opportunities.

Mibuks is a mobile application that helps small businesses record sales, expenses, inventory whiles building a credible transaction history, a financial profilee to enhance access to finance. We generate revenue through subscriptions, marketing partnerships, commissions from financial services.