BizRecord ยท Investor Deck1 / 12BizRecordThe Revenue Assurance OS for Nigerian MSMEs
Digitizing financial management for Africa's 39.7M micro enterprises โ one invoice at a time.
BizRecord automates day-to-day operations for MSMEs (Micro, Small & Medium Enterprises). From invoice creation to payment tracking, revenue management to financial reporting โ we handle the complexity so entrepreneurs can focus on growing their business.
www.mybizrecord.com
Revenue Management SaaS for Africa
Babatunde Yusuf
Founder & CEO
BizRecordThe Revenue Assurance OS for Nigerian MSMEs
Digitizing financial management for Africa's 39.7M micro enterprises โ one invoice at a time.
BizRecord automates day-to-day operations for MSMEs (Micro, Small & Medium Enterprises). From invoice creation to payment tracking, revenue management to financial reporting โ we handle the complexity so entrepreneurs can focus on growing their business.
www.mybizrecord.com
Revenue Management SaaS for Africa
Babatunde Yusuf
Founder & CEO
Nigeria's MSME Market
39.7M
Total MSMEs in Nigeria
98.2% are micro enterprises
โข NBS, 2023
96%
Manual Operations
Paper-based, no digital trail
โข Babson SME Survey
<2%
Using Digital Tools
Massive gap to fill
โข Disrupt Africa 2024
86%
of National Employment
ILO Nigeria
46%
Use WhatsApp for Business
Datareportal 2024
โฆ13T
Unmet Credit Demand
CBN Financial Inclusion
Nigerian SMEs Are Flying Blind
Without proper financial infrastructure, businesses struggle to grow, secure credit, and compete.
96%
No Digital Trail
operate on paper & WhatsApp screenshots
โข Babson SME Survey
72%
High Failure Rate
fail within 5 years due to poor cash flow
โข SME Foundation 2023
39.7M
No Professionalism
businesses with no professional invoices
โข NBS MSME Census
Impact: Business owners cannot track profitability, monitor receivables, or forecast targets โ leading to chronic cash flow issues and inability to scale or access credit.
BizRecord โ Revenue Assurance OS
Professional Invoices
60-second creation
Receipt Generation
Digital proof of payment
Revenue Targets
Monthly goal tracking
Client Management
Full buyer database
Financial Analytics
Real-time insights
Mobile-First App
iOS + Android ready
๐ Global Support โข ๐ก Offline Mode โข โก Low-Bandwidth Ready
Works seamlessly across Nigeria: NGN ยท USD ยท GBP ยท EUR ยท JPY
Market Sizing (TAM-SAM-SOM)
๐
TAM
$240B
African SME financial services
๐ณ๐ฌ
SAM
$18B
Nigeria digital business tools market
๐ฏ
SOM
$420M
Our target segment (2-year focus)
๐ Why Now?
- โ Smartphone penetration at 42% โ rising 3% annually
- โ 46% of SMEs already use WhatsApp for business (Datareportal 2024)
- โ Nigerian fintechs raised $439M+ in 2022-2024 (Disrupt Africa)
- โ CBN Digital Financial Inclusion push opening SME lending market
2-Year Growth Roadmap
๐
Stage 1 (M1-6)
Invoicing โข Receipts โข Revenue Targets โข Client Management
๐
Stage 2 (M7-12)
B2B Marketplace โข Supplier Discovery โข Payment Collection
๐ฆ
Stage 3 (M13-24)
Embedded Finance โข Invoice Financing โข SME Lending โข Business Insurance
๐ฏ End Vision (Year 2+)
BizRecord becomes the financial backbone for every Nigerian SME โ combining invoicing, payments, lending, and insurance in one seamless platform.
Freemium + Pay-As-You-Go
๐
Free
โฆ0
3 invoices/mo
๐ฐ
Pay-As-You-Go
โฆ300
Per invoice
โญ
Pro
โฆ1,500
Unlimited/mo
๐
Premium
โฆ5,000
Advanced features
โฆ1,500
Avg. Revenue Per User
~85%
Gross Margin Target
โฆ195M
Target ARR (Yr 2)
24-Month Revenue Model
๐
โฆ4.7M
Year 1 Revenue
๐
โฆ151.5M
Year 2 Revenue
๐ฅ
20,877
User Growth (M24)
๐ผ Revenue Diversification by Year 2:
๐ฐ Funding Target
$50,000 Pre-Seed
To acquire 1,000+ paying businesses by Month 12 & establish market leadership
Pre-Seed Funding Impact
Aggressive user acquisition and faster product development with $50K funding
๐ User growth trajectory: Bootstrapped vs. Pre-Seed Funded
- Bootstrapped
- Pre-Seed Funded ($50K)
๐ฐ Revenue Split (Year 2, M13-M24)
๐ฅ Subscriber base by plan (24 months)
- Free
- Pay-As-You-Go
- Pro
- Premium
We own a unique position
No direct competitor combines all of these for the Nigerian micro SME.
| Feature | ๐งก BizRecord | ใฐ๏ธ WaveApps | ใฐ๏ธ Sage | ใฐ๏ธ Excel |
|---|---|---|---|---|
| Built for Nigerian Micro SMEs | ||||
| Mobile-first (Android) | ||||
| Multi-currency invoicing | ||||
| Revenue target tracking | ||||
| Pay-As-You-Go model | ||||
| Automated email reminders | ||||
| Pricing < โฆ4,000/mo | ||||
| Embedded Finance Roadmap |
๐ก Competitive Moat: Only BizRecord combines all 8 features for Nigerian micro-SMEs. Purpose-built for this exact market.
Built by someone who knows the terrain
A decade of operating at the intersection of tech, finance, and Nigerian business โ brought to bear on BizRecord.
Babatunde Yusuf
Founder & CEO, BizRecord
Babatunde brings over a decade of deep operational and strategic experience across Nigeria's most dynamic tech and fintech companies. As current COO at QuickCheck โ one of Nigeria's leading digital lending platforms โ he has built first-hand expertise in scaling financial products for underserved markets. His tenure at Venture Garden Group and BetKing Nigeria sharpened his instinct for building high-growth consumer platforms in Africa.
BizRecord is the product of witnessing, up close, how millions of Nigerian small businesses are left without the financial infrastructure they need. Babatunde is building the platform he wishes had existed.
Backed by a Strong Network
Supported by advisors across Nigerian fintech, Google for Startups alumni networks, and SME development organizations across West Africa.
Raising $50,000 Pre-Seed
๐ฐ Capital Allocation
๐ฏ 24-Month Milestones
- Q1 Android v2, 150 users
- Q2 400 businesses, marketplace
- Q3 Expand to Abuja & cities
- Q4 1,000 users, Seed round
๐ฌ Let's Build Africa's Financial Infrastructure
Contact
hello@mybizrecord.com
+234 704 752 4162
BizRecordThe Revenue Assurance OS for Nigerian MSMEs
Digitizing financial management for Africa's 39.7M micro enterprises โ one invoice at a time.
BizRecord automates day-to-day operations for MSMEs (Micro, Small & Medium Enterprises). From invoice creation to payment tracking, revenue management to financial reporting โ we handle the complexity so entrepreneurs can focus on growing their business.
www.mybizrecord.com
Revenue Management SaaS for Africa
Babatunde Yusuf
Founder & CEO
Nigeria's MSME Market
39.7M
Total MSMEs in Nigeria
98.2% are micro enterprises
โข NBS, 2023
96%
Manual Operations
Paper-based, no digital trail
โข Babson SME Survey
<2%
Using Digital Tools
Massive gap to fill
โข Disrupt Africa 2024
86%
of National Employment
ILO Nigeria
46%
Use WhatsApp for Business
Datareportal 2024
โฆ13T
Unmet Credit Demand
CBN Financial Inclusion
Nigerian SMEs Are Flying Blind
Without proper financial infrastructure, businesses struggle to grow, secure credit, and compete.
96%
No Digital Trail
operate on paper & WhatsApp screenshots
โข Babson SME Survey
72%
High Failure Rate
fail within 5 years due to poor cash flow
โข SME Foundation 2023
39.7M
No Professionalism
businesses with no professional invoices
โข NBS MSME Census
Impact: Business owners cannot track profitability, monitor receivables, or forecast targets โ leading to chronic cash flow issues and inability to scale or access credit.
BizRecord โ Revenue Assurance OS
Professional Invoices
60-second creation
Receipt Generation
Digital proof of payment
Revenue Targets
Monthly goal tracking
Client Management
Full buyer database
Financial Analytics
Real-time insights
Mobile-First App
iOS + Android ready
๐ Global Support โข ๐ก Offline Mode โข โก Low-Bandwidth Ready
Works seamlessly across Nigeria: NGN ยท USD ยท GBP ยท EUR ยท JPY
Market Sizing (TAM-SAM-SOM)
๐
TAM
$240B
African SME financial services
๐ณ๐ฌ
SAM
$18B
Nigeria digital business tools market
๐ฏ
SOM
$420M
Our target segment (2-year focus)
๐ Why Now?
- โ Smartphone penetration at 42% โ rising 3% annually
- โ 46% of SMEs already use WhatsApp for business (Datareportal 2024)
- โ Nigerian fintechs raised $439M+ in 2022-2024 (Disrupt Africa)
- โ CBN Digital Financial Inclusion push opening SME lending market
2-Year Growth Roadmap
๐
Stage 1 (M1-6)
Invoicing โข Receipts โข Revenue Targets โข Client Management
๐
Stage 2 (M7-12)
B2B Marketplace โข Supplier Discovery โข Payment Collection
๐ฆ
Stage 3 (M13-24)
Embedded Finance โข Invoice Financing โข SME Lending โข Business Insurance
๐ฏ End Vision (Year 2+)
BizRecord becomes the financial backbone for every Nigerian SME โ combining invoicing, payments, lending, and insurance in one seamless platform.
Freemium + Pay-As-You-Go
๐
Free
โฆ0
3 invoices/mo
๐ฐ
Pay-As-You-Go
โฆ300
Per invoice
โญ
Pro
โฆ1,500
Unlimited/mo
๐
Premium
โฆ5,000
Advanced features
โฆ1,500
Avg. Revenue Per User
~85%
Gross Margin Target
โฆ195M
Target ARR (Yr 2)
24-Month Revenue Model
๐
โฆ4.7M
Year 1 Revenue
๐
โฆ151.5M
Year 2 Revenue
๐ฅ
20,877
User Growth (M24)
๐ผ Revenue Diversification by Year 2:
๐ฐ Funding Target
$50,000 Pre-Seed
To acquire 1,000+ paying businesses by Month 12 & establish market leadership
Pre-Seed Funding Impact
Aggressive user acquisition and faster product development with $50K funding
๐ User growth trajectory: Bootstrapped vs. Pre-Seed Funded
๐ฐ Revenue Split (Year 2, M13-M24)
๐ฅ Subscriber base by plan (24 months)
We own a unique position
No direct competitor combines all of these for the Nigerian micro SME.
| Feature | ๐งก BizRecord | ใฐ๏ธ WaveApps | ใฐ๏ธ Sage | ใฐ๏ธ Excel |
|---|---|---|---|---|
| Built for Nigerian Micro SMEs | ||||
| Mobile-first (Android) | ||||
| Multi-currency invoicing | ||||
| Revenue target tracking | ||||
| Pay-As-You-Go model | ||||
| Automated email reminders | ||||
| Pricing < โฆ4,000/mo | ||||
| Embedded Finance Roadmap |
๐ก Competitive Moat: Only BizRecord combines all 8 features for Nigerian micro-SMEs. Purpose-built for this exact market.
Built by someone who knows the terrain
A decade of operating at the intersection of tech, finance, and Nigerian business โ brought to bear on BizRecord.
Babatunde Yusuf
Founder & CEO, BizRecord
Babatunde brings over a decade of deep operational and strategic experience across Nigeria's most dynamic tech and fintech companies. As current COO at QuickCheck โ one of Nigeria's leading digital lending platforms โ he has built first-hand expertise in scaling financial products for underserved markets. His tenure at Venture Garden Group and BetKing Nigeria sharpened his instinct for building high-growth consumer platforms in Africa.
BizRecord is the product of witnessing, up close, how millions of Nigerian small businesses are left without the financial infrastructure they need. Babatunde is building the platform he wishes had existed.
Backed by a Strong Network
Supported by advisors across Nigerian fintech, Google for Startups alumni networks, and SME development organizations across West Africa.
Raising $50,000 Pre-Seed
๐ฐ Capital Allocation
๐ฏ 24-Month Milestones
- Q1 Android v2, 150 users
- Q2 400 businesses, marketplace
- Q3 Expand to Abuja & cities
- Q4 1,000 users, Seed round
๐ฌ Let's Build Africa's Financial Infrastructure
Contact
hello@mybizrecord.com
+234 704 752 4162