# inyad

> inyad is a Moroccan-founded fintech building mobile-first software for small and micro merchants across Africa and the Middle East. Its apps - the Konnash digital ledger and the Mahaal all-in-one point-of-sale, invoicing and payments platform - help corner shops, cafes, salons and independent traders move their bookkeeping, sales and payments off paper and onto a phone. Founded in 2018 by former McKinsey consultant Moncef Chlouchi, the company reports a user base in the millions across 10-plus countries and has raised roughly $14M from investors including Partech, Al Mada Ventures, CDG Invest and FJ Labs.

- **Founded:** 2018
- **Headquarters:** Casablanca, Morocco
- **Founders:** Moncef Chlouchi (Founder & CEO)
- **Team size:** 42-43 employees (11-50 range)
- **Products:** inyad Konnash, inyad Mahaal, inyad Staff, inyad eCommerce, inyad Invoicing
- **Notable:** Reported 5 million+ installs of the Konnash bookkeeping app on Google Play, Expanded to a presence in 10-plus countries across Africa and MENA, Raised roughly $14M total from international and regional investors including Partech and FJ Labs

## Products & services

- **inyad Konnash** — A digital credit and bookkeeping ledger that replaces the paper credit book, letting merchants track customer and supplier debts. Reported over 5 million installs on Google Play.
- **inyad Mahaal** — An all-in-one point-of-sale, invoicing, business-management and payments app for restaurants and retail, running on Android and web.
- **inyad Staff** — Employee attendance tracking and mobile payroll management.
- **inyad eCommerce** — An online store builder that lets merchants sell online.
- **inyad Invoicing** — Automated invoice generation and financial reporting.
- **inyad TPE All-in-One** — An in-store card payment terminal.
- **inyad Collect** — A contactless digital payment solution.
- **inyad Business Account** — A professional business account for merchants.
- **inyad Payment Agent** — Money transfer and agent-banking services.

## Achievements

- Reported 5 million+ installs of the Konnash bookkeeping app on Google Play
- Expanded to a presence in 10-plus countries across Africa and MENA
- Raised roughly $14M total from international and regional investors including Partech and FJ Labs
- Maintains high app-store ratings (reported 4.5+ stars across 200,000+ reviews)

## Latest updates

- **2024-01** — Raised a $6M Series A extension led by existing backers Partech and Al Mada Ventures to fund regional expansion.
- **2024-06** — Reported latest funding activity tied to Series A financing, per investor databases.

## Links

- Website: https://inyad.com
- LinkedIn: https://www.linkedin.com/company/inyad
- Facebook: https://web.facebook.com/inyad.inc

---

Profile page: https://yespress.io/inyad
Published by YesPress — https://yespress.io
Last updated: 2026-07-27