Moroccan Fintech Startup Mosaiclab raises $225k for Konta

Moroccan Fintech startup MosaicLab has announced it raised $225k for Konta, an invoice processing software.

MosaicLab, based in Casablanca, unveiled Konta, an invoice-to-pay automation platform driven entirely by Moroccan artificial intelligence (AI) technology.

Konta was unveiled by Mosaiclab as an AI driven payment platform. Konta is focused on using it’s technology to helps players in the insurance, banking, automotive, and aerospace industries save time, money, and resources in their daily financial dealings.

The platform simplifies auditing of financial transactions and accounting functions for prompt decision making within an organisation.

There’s no doubt that the platform will help reduce business hazards including omission, error and fraud.

The new funding will be used to help the startup expand both locally and internationally.