Kenya: Boya helps businesses issue expense cards

By : Adoni Conrad Quenum

Date : lundi, 05 septembre 2022 11:49

In recent years, African tech entrepreneurs have developed several digital tools to help businesses reach their full potential. This is the case of Kenyan startup Boya which has developed an interesting solution that helps businesses track employee expenditures. 

Boya is a fintech solution developed by a Kenyan firm Boya Inc. It allows businesses to issue Visa expense cards and track the expenditures made from those cards via its web and mobile (Android and iOS) apps. 

In addition to giving businesses a real-time overview of employee spending and allowing them to quickly activate or deactivate expense cards, the fintech solution offers instant overdraft when needed. The overdraft limit increases proportionally to the transactions made by requesters through Boya. 

To quickly address client issues, Boya  Inc, which was founded in 2019, has a 24/7 support service for Boya users. 

Let’s note that the Kenyan startup has been selected to participate in the 2022 Winter cohort of Californian accelerator Y Combinator. The program is an opportunity for Boya to find additional capital besides the financing it will receive from Y Combinator.

Adoni Conrad Quenum

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