konnash
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Moncef Chlouchi and the notebook that became a business
Before inyad became a platform, it was an answer to a handwritten credit book. Moncef Chlouchi’s journey from applied mathematics and consulting to merchant software began with a problem small enough to fit on a shop counter.
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.