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Pastel logo — Building AI-based financial solutions for Africa

Pastel

Building AI-based financial solutions for Africa

Founded 2021 United States United States 57 employees Seed Total: $6.12M Information Technology, Productivity

General Information

Company Name Pastel
Founded Year 2021
Location United States United States +1
Employees 57
Industries Information Technology, Productivity
Funding Stage Seed
Social

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About Pastel

Pastel is a startup that aims to revolutionize Africa's financial sector through the implementation of AI-based solutions. Established in 2021 and headquartered in the United States, the company focuses on creating innovative products for emerging markets by utilizing cutting-edge technologies. Pastel's latest milestone includes a significant $5.50M Seed Round investment secured on 15 August 2022. This investment was led by a group of prominent backers including Soma Capital, Ulu Ventures, Global Founders Capital, DSF Lab, Golden Palm Investments, TIDE Africa Fund, Plug and Play. With a distinctive dedication to leveraging technology for socio-economic development, Pastel is poised to make a transformative impact on the region's financial landscape.

Taxonomy: Fraud Detection, Financial Solutions, Credit Management, Business Efficiency, Emerging Markets, Digital Tools

Services & Products

AI-powered financial solutions and AI training services

Target Customers

Enterprises in Africa's evolving landscape seeking AI-driven solutions

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 7
Investor Investor Investor Investor Investor Investor Investor
15 Aug 2022
Pre Seed Round •••••• - 15 Aug 2021

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FAQ About Pastel

Building AI-based financial solutions for Africa
Pastel was founded in 2021.
Pastel is headquartered in United States.
Pastel operates in the following industries: Information Technology, Productivity.
Pastel has approximately 57 employees.
Pastel has completed 2 funding rounds, raising a total of $6.12M. The latest funding stage is Seed.
Pastel offers: AI-powered financial solutions and AI training services.
Top alternatives and competitors to Pastel include Strut Consulting, We Are Phase2, Emerging Markets Direct, DIOSynVax, HauteFlair. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Pastel and Strut Consulting are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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