Patika

Y Combinator LogoS22ActiveFintechB2BNeobank

Simple Receivable Automation & Payments for Africa’s SMBs

Patika enables small businesses in Africa to track customer debt, facilitate the repayments and manage their cash flow. Small businesses in Africa are using pen and paper to record and track customer debt which is ineffective and time consuming. As a result, up to 60% is paid late and they lose as much as $2k a year to non-payments. We are automating previously manual processes like phone call based repayment reminders, billing, payments and reconciliations with a vision to grow into a full-stack neo-bank for Africa's small businesses.

Company Launches

🚀 Patika - Receivable Automation & Payments for Africa’s SMBs

Enabling SMBs in Africa to track customer debt, facilitate the repayments and manage their cash flow
Read Launch ›
Patika
Founded:2021
Team Size:3
Location:Nairobi, Kenya

Active Founders

Phelix Juma

Co-Founder & CTO at Patika - helping Africa's small businesses improve their cashflow through Account Receivables (AR) Billing (tracking of customer debt, automated reminders and collections payments) and Cashflow Management. I am an Electrical and Electronics Engineering graduate with background in information systems, banking, payments integration, artificial intelligence and data science. We are building the next Neo-bank for small businesses in Africa

Phelix Juma
Phelix Juma
Patika

Sidney Rema

Co-Founder & CEO at Patika - Helping small businesses improve their cashflow through Accounts Receivables Billing (Tracking of customer debt, automated payment reminders and collections) as well as cashflow management. Trained as a Medical Doctor (Partly) with a background in Banking & Software Development. We are building the next neo-bank for small businesses in Africa.

Sidney Rema
Sidney Rema
Patika