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Finance & Accounting Tech Sector in Tanzania

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About Finance & Accounting Tech sector in Tanzania

The Finance & Accounting Tech sector in Tanzania comprises 17 companies, including 1 funded company.
This sector includes tools or software for automating functions of finance and accounting department of an organization.
Finance & Accounting Tech sector is also known as F&A Tech or accounting tech.
All the software solutions helping companies manage their finance and accounting functions will be covered in the feed. This will include all the legacy software companies be it on-premise licensed or cloud-based software. The outsourcing companies will be included only if they either have in-house proprietary software or marquee customers or heavily funded. Financing companies will be covered only if they provide a software for one or more accounting functions. Companies providing digitization of paper-based financial documents will be covered under enablers. Pure play services firm that offers accounting related services, Companies focused only on financing will not be covered. Companies providing solutions for any specific sector are not covered are excluded.
Key Metrics
Total Companies
Funded Companies
Also known as
F&A Tech or accounting tech

Top Finance & Accounting Tech Companies in Tanzania

There are 17 Finance & Accounting Tech startups in Tanzania which include StraightBook, Cassian & Associates, Vision, E-Seven, PayEasy. Out of these, 1 startup is funded and has achieved Unicorn status.
Over the past 10 years, an average of 1 new company has been launched annually.

Here is the list of top Finance & Accounting Tech startups in Tanzania

StraightBook provides web based accounting software to SMB. Some of the key features include transactions, inventory control, sales report, and barcode capability. It charges a subscription fee of $9.95 per month or $99.95 per year. As of Dec'2016, It claims to have client database of more than 650.

Key facts about StraightBook

  • Founded Year: 2015
  • Location: Dar es Salaam (Tanzania)
  • Stage: Unfunded
  • Tracxn Score: 27/100 What is this?
  • Competitors Rank: 41 of 219 Competitors

Key facts about Cassian & Associates

  • Founded Year: 2016
  • Location: Dar es Salaam (Tanzania)
  • Stage: Unfunded
  • Tracxn Score: 26/100 What is this?
  • Competitors Rank: 125 of 1,401 Competitors
Vision provides business administration and accounting software for businesses. It features solutions for HR & payroll management, financial accounting, stock & inventory management, asset management, and POS & sales management. Its accounting software includes budgeting, ledger accounting, bank reconciliation, debtor & supplier management, etc. Also offers customized software for businesses.

Key facts about Vision

  • Founded Year: 2017
  • Location: Dar es Salaam (Tanzania)
  • Stage: Unfunded
  • Tracxn Score: 24/100 What is this?
  • Competitors Rank: 720 of 3,439 Competitors
E-Seven provides an online accounting software to SMBs. It offers features such as bookkeeping, accounts payables and receivables management, audit trails, financial reporting etc. The monthly subscription of the software costs $16.66.

Key facts about E-Seven

  • Founded Year: 2012
  • Location: Dar es Salaam (Tanzania)
  • Stage: Unfunded
  • Tracxn Score: 24/100 What is this?
  • Competitors Rank: 890 of 3,439 Competitors

Key facts about PayEasy

  • Founded Year: 2019
  • Location: Arusha (Tanzania)
  • Stage: Unfunded
  • Tracxn Score: 24/100 What is this?
  • Competitors Rank: 556 of 1,271 Competitors

Companies founded year-on-year in the Finance & Accounting Tech sector in Tanzania

3 Finance & Accounting Tech startups in Tanzania were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.

Companies founded year-on-year in the Finance & Accounting Tech sector in Tanzania2026202520242023202220212020201920182017Founded Year024Count of Number of Companies
  • Total Number of Companies
Year
No. of companies
2026
-
2025
-
2024
-
2023
1
2022
1
2021
3
2020
2
2019
1
2018
3
2017
2
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Top Investors in Finance & Accounting Tech in Tanzania

Biz-Logic Solutions is the top investor in Finance & Accounting Tech companies in Tanzania based on number of companies invested.
Here are some top investors in Finance & Accounting Tech companies in Tanzania:
Investor
Location
Top Portfolio Companies
Dar es Salaam (Tanzania)
-
Kristiansand (Norway)
-
See a more detailed list of investors

FAQs about Finance & Accounting Tech sector in Tanzania

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