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MosaicLab, a Moroccan Fintech Startup, headquartered in Casablanca has raised $225,000, an investment from WITAMAX, a venture capital firm for its invoice processing software, Konta. The new funding will be used to boost the startup’s local and international expansion.

Konta is an invoice-to-pay automation platform driven entirely by artificial intelligence. Each vendor transaction is audited cutting down on time spent on the approvals and making the accounting functions less perplexing. Konta aids businesses to maintain healthy relationships with their suppliers while also laying the cornerstone for key business partners.
MosaicLab aims to use its technology to smoothen and rationalize the management of supplier expenses through a systematic process for businesses in the insurance, banking, automotive, and aerospace industries.
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