Moroccan Spend Management Startup Konta Raises $223k

Moroccan B2B startup Konta has announced it raised $223k from the Southbridge A&I and Axxam Family Office’s investment company. Konta, a B2B spend management startup established, developed, and sponsored by Mosaic lab, has positioned itself as a pioneering SaaS solution for the digital management of supplier expenditure using artificial intelligence technology.
Konta, a B2B spend management startup established in 2019 by the trio of Issam Dahman, Mehdi Zirari, and Elarbi Aboussouror, to provide technology that streamlines and simplifies the process of managing supplier expenses through a systematic process, saving time, money, and resources for businesses, and has since positioned itself as a pioneering SaaS solution for the digital management of supplier expenditure using artificial intelligence technology.
The startup also addresses issues such as regulatory compliance, error, omission, and fraud, ensuring real-time visibility on payables and risk exposure for a particular supplier, allowing organizations to maintain their relationships with their suppliers while also consolidating their key service provider base.