Building digital financial solutions for small businesses one app at a time.
Creators of Sabi app an
Creators of Sabi app an
Location: Nigeria, Lagos State, Yaba
Employees: 11-50
Phone: +234 913 111 1166
Total raised: $5.5M
Investors 3
| Date | Name | Website |
| 26.10.2023 | The MBA Fu... | thembafund... |
| 08.02.2023 | TLcom Capi... | tlcomcapit... |
| 25.06.2025 | Everywhere... | everywhere... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 15.08.2022 | Seed | $5.5M | TLcom Capi... |
Mentions in press and media 6
| Date | Title | Description |
| 30.07.2025 | Sigma by Pastel Redefines Compliance Infrastructure with AI and the Financial Industry is Taking Note | At its second Breakfast Meeting in Lagos, Pastel unites banks, fintechs, and regulators around a shared future of intelligent, African-built compliance tools L-R: Wede Thompson, Chief Compliance Officer, Optimus Bank; Arini Awotunde, Chief ... |
| 08.07.2025 | 15 African AI startups Selected for Google for Startups Accelerator Africa | Fifteen high‑impact, AI‑focused startups from seven African nations have been selected for Google for Startups Accelerator: Africa Class 9, a rigorous three‑month hybrid acceleration program that runs from June 23 to August 22, 2025. These ... |
| 13.08.2024 | AI Takes Center Stage in the Fight Against Financial Fraud: Pastel Africa Convenes Industry Leaders | L-R: Anthony Amodu, CRO, Pastel Africa; Emmanuel Akeni, Head Systems Audit, Credit Direct; Oluwaseyi Ojedokun, Div. Head, Information Systems and Security Audit, Interswitch Group; Femi Jaiyeola, Group CCCO Access Bank; Dr. Muhammad Jiya, C... |
| 10.10.2023 | TLcom announces Africa Tech Female Founder Summit 2023 | TLcom Capital, the Africa-focused venture capital firm, has officially announced its fifth annual Africa Tech Female Founder Summit, which will be held on Tuesday 14th November 2022 in Lagos, Nigeria. The headline session will feature a fir... |
| 15.08.2022 | Pastel, a Nigerian bookkeeping and digital platform for merchants, raises $5.5M led by TLcom | There’s no end to digitizing the operations of small and medium businesses (SMBs) in the traditional retail sector across sub-Saharan Africa. In Nigeria alone, this industry, worth more than $200 billion, consists of over 40 million busines... |
| 15.08.2022 | Pastel locks in $5.5 million seed funding led by TLcom to optimise African SMEs | 80% of Nigeria’s 40 million micro, small and medium enterprises (MSMEs) fail to last beyond their fifth year, owing to a lack of digitisation and sub-optimal business practices. 3 graduate students at Stanford University: Abuzar Royesh, Ola... |