Akili

Brass

Founded
2020
Type
Investment
Website

Neobank for SMBs

Brass is a Nigerian-HQ'd banking and financial management platform built for emerging market SMEs.

The SME market is desperately in need of better financial products, and existing offerings are lacking. Big banks are expensive and not product first, with legacy infrastructure and business models standing in the way of improvement.

Yes, there's no shortage of fintech activity in Africa, especially Nigeria, but most of the money and attention to date has been around payments and rails. Not only does this leave a gaping hole, it also means the market is ripe as the ground has been set with existing infrastructure for building blocks like payments, identity, and integrations.

Brass is focusing on better money operations for the tens of millions of emerging market small businesses, beginning in Nigeria.