Moroccan Fintech Mosaiclab Raises USD 225 K Funding

Mosaiclab, a Moroccan fintech start-up, has raised USD 225 K for its Konta invoice processing platform. The investment came from the investment company WITAMAX, jointly created by Southbridge A&I and Axxam Family Office.

The startup, which is primarily targeting large accounts as well as Moroccan and international SMEs, aims to provide technology that streamlines and simplifies the process of managing supplier expenses through a systematic process, saving time, money, and resources for businesses in sectors such as banking, insurance, aviation, and the automotive industry.