Brass

Lagos, Nigeria Founded: 2019 • Age: 7 yrs Acquired By Paystack
Brass is recognized for providing smart financial tools for businesses.

About Brass

Brass is a Financial Services company based in Lagos (Nigeria) founded in 2019 by Sola Akindolu, and was acquired by Paystack in May 2024. Brass is recognized for providing smart financial tools for businesses. It operates on a SaaS (Software-as-a-Service) and Subscription Services model. Brass has raised $1.7 million across 1 funding round from investors including Paystack, Acuity Ventures and Uncovered Fund. Its chief executive, as recorded, is Sola Akindolu. Its website trybrass.com draws about 18 thousand monthly visits. Brass offers products and services including Business Banking Dashboard and Payments and Invoices. Its focus areas include Banking and Digital Banking. Its legal entity is Copper Brass Limited. Its competitors include Prospa, Crediometer and GladeFinance; 2 of its 3 listed competitors have raised funding.

Company details

Brass is established as a provider of smart financial tools designed for modern businesses. Operations are streamlined through a powerful dashboard that enables payment processing, expense management, and cash flow tracking. The platform is built to support retail businesses, internet companies, and startups by offering cross-platform availability on iOS, Android, and Slack. Security is ensured through licensed partnerships, and dedicated support is provided by a team of bankers and growth experts. Integration with tools like QuickBooks, Sage, and Zapier is facilitated to enhance business operations.

  • Headquarters Lagos, Nigeria
  • Founders Sola Akindolu
  • Stage Acquired
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website trybrass.com
  • Social LinkedIn X YouTube
  • Acquired by Paystack (May 2024)
  • Legal Name Copper Brass Limited
Key Metrics
  • Total Equity Funding
    $1.7M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.7M (USD), Seed

    Oct 2021

  • Investors
    Paystack

    & 6 more

  • Acquired by
    Paystack

    (May 2024)

Products & Services of Brass

Brass offers a comprehensive portfolio of products and services, including Business Banking Dashboard and Payments and Invoices.

Business Banking Dashboard
Financial Tools

Financial tools are provided for managing business operations.

Payments and Invoices
Financial Services

Payment and invoice management is facilitated through Brass.

Apps and channels of Brass

Brass publishes 2 mobile apps with over 10K+ downloads.

Brass - Banking for Businesses
Google Play Finance Everyone Free
Developer: Brass Inc.
View on Google Play
Brass - Banking for Businesses
App Store Business 4+
Developer: Brass Technologies Inc
View on App Store

Funding Insights of Brass

Brass has successfully raised a total of $1.7M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.7 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $1.7M
  • Total Rounds 1
  • Last Round Seed β€” $1.7M
  • First Round $1.7M

    (Oct 2021)

  • Investors Count 6

All 1 funding rounds of Brass with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2021$1.7MSeed–Acuity Ventures, Uncovered Fund
Valuation history

7 investors in total: 5 institutional and 2 angel.

Investors in Brass

Brass has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Paystack, Acuity Ventures and Uncovered Fund.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on multiple sectors
acuityvc.comLagos, Nigeria
Investments in digital startups are made by Uncovered Fund.
uncoveredfund.comMinato City, Japan
Seed-stage startups are funded by this venture capital firm.
hustlefund.vcSan Carlos, United States
Venture capital investments in African companies addressing innovation and infrastructure needs.
venturesplatform.com

Olugbenga GB Agboola

Co-founder & CEO of Flutterwave, prominent African fintech angel investor
unknown_07ac75d70b9a491eb

Ezra Olubi

Co-founder of Paystack, angel investor, focused on African and Indian startups
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Payment processing solutions are provided for businesses in Africa.
2015paystack.comLagos, Nigeria
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Investor details for Brass

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Brass

4 people are tracked at Brass (2 in leadership, 2 in team).

NameRoleGroup
Sola Akindolu
Founder & CEOLeadership
Chibuike Uzoagba
Head Of SalesLeadership
Clifford Wilson
Sales Operations AssociatesTeam
Oluwatosin Solarin
Senior Mobile DeveloperTeam
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Complete people profiles for Brass

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Brass

3 dated milestones of Brass across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Brass is founded.
  2. Funding First funding round of $1.7M.
  3. Exit Acquired by Paystack.

Competitors of Brass

Brass has 3 listed competitors in our database, 2 of them funded. They include Prospa, Crediometer and GladeFinance.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
getprospa.com2019Lagos, Nigeria$3.93M
Digital banking services for individuals are offered by Prospa.
crediometer.com2020Akure, Nigeria$20,000
Digital banking services are offered to startups and growing businesses.
gladefinance.co2019Lagos, Nigeria
Integrated financial solutions are provided for businesses in multiple currencies.
Premium access

Detailed competitors of Brass

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Brass

The website of Brass (trybrass.com) receives about 18K visits a month.

  • Monthly visits
    18K

    ▼ 7.3% vs previous month

Similar websites

Websites whose visitors overlap most with Brass. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
google.com
100%
85.8B#1View details
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Related news about Brass

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Complete news archive for Brass

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  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Brass

Brass was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Brass is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.

Sola Akindolu is the CEO of Brass, as recorded in our data. They have also founded this company.

Brass is a funded company, having raised a total of $1.7M across 1 funding round to date. The company's 1st funding round was a Seed of $1.7M, raised on Oct 2021.

Brass is established as a provider of smart financial tools designed for modern businesses. Operations are streamlined through a powerful dashboard that enables payment processing, expense management, and cash flow tracking. The platform is built to support retail businesses, internet companies, and startups by offering cross-platform availability on iOS, Android, and Slack. Security is ensured through licensed partnerships, and dedicated support is provided by a team of bankers and growth experts. Integration with tools like QuickBooks, Sage, and Zapier is facilitated to enhance business operations.

Brass's top competitors include Prospa, Crediometer and GladeFinance.

Brass offers Business Banking Dashboard and Payments and Invoices.

Brass has 7 investors. Key investors include Paystack, Acuity Ventures, Uncovered Fund, Hustle Fund, and Olugbenga GB Agboola.

Brass operates through Copper Brass Limited.

Yes. Brass was acquired by Paystack in May 2024.

Yes. Brass publishes Brass - Banking for Businesses and 1 more app, with over 10,000 downloads.

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