A free ledger was the opening move. BukuWarung's larger bet is that the neighborhood shop can become a bank branch, bill-pay counter and data-rich business without losing the habits that made it work.
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.