Tanzanian Business Management Startup Bizzyn Expands Footprint Across Africa, Now Currently Operating in Kenya And Malawi

Bizzyn, a cloud accounting & financial management software that aims to solve the problem of managing finances for small businesses in Africa, has expanded its footprint to Kenya and Malawi as part of its expansion plan across the African continent.

By providing an all-in-one solution, the startup helps businesses streamline their financial workflows, improve accuracy, and save time and money, allowing them to focus on growing their operations.

Speaking on what sets Bizzyn apart, the startup co-founder Emmanuel Kimaro said,

“Many existing solutions were either too complex, expensive, or not localized to the region’s financial regulations and requirements. While there are international competitors in the financial management software space, Bizzyn’s focus on local customization and affordability sets it apart from the competition.”

One of the biggest challenges faced by start-up businesses is poor record keeping which results in the inability to make proper business analyses, which is what prompted Bizzyn to launch operations to address these challenges.

The business management tool enables users in accounting, inventory, payroll, tax filing, invoicing, bank account tracking and reconciliation, and payment processing, amongst others.

By offering all these, Bizzyn gives power to business owners, especially Small and Medium Enterprises, to fully take control of their business using a swift digital tool that acts as a substitute for paperwork.

From advanced financials to sales to billing and beyond, it provides them with the tools they need to accelerate growth and drive innovation swiftly and confidently.

Founded in 2020, Bizzyn has become a much sought-after tool in Tanzania, with more than 220 SMEs already using the tool.

Following its recent expansion, the startup is already working with customers in neighboring Kenya and Malawi and has ambitious expansion plans to reach more African markets and even potentially expand to other emerging markets with similar business challenges. 

Bizzyn generates revenue through subscription-based pricing models, offering different tiers to cater to the varying needs of SMBs. Also, the startup uses Business Intelligence (BI) and machine learning (ML) that empower small businesses to make data-driven decisions through actionable analytics.

The platform has access to the inventory, knowing when products are low in stock. With Bizzyn, businesses can control and track goods from one warehouse to another or from one company’s branch to another.

Also, the startup helps to streamline business accounting no matter what industry or business they are operating in.

In a bid to improve its product offerings to enhance user experience, in 2022, the company launched BizzyPay, a credit-scoring platform. It crafted an algorithm to provide credit scoring for our customers and partner with, microfinance companies that offer financial assistance to those in need. 

This product has gained wide adoption, which has seen it become a valuable solution for its

customers, especially those who offer products or services on credit. BizzyPay has become a bridge connecting customers to microlenders that can provide liquidity to their

businesses.

It is worth noting that Bizzyn can work in low-connectivity environments, and some features can work offline. The platform has continued to reconstruct some tools to make the entire platform accessible offline.

Bizzyn is on a mission to be the number one Cloud Accounting & business management software. 

By embracing technology and data insights, the startup aims to revolutionize SMBs’ financial management, enabling them to make informed decisions and thrive in today’s business world.