Company Overview
Digital bookkeeping and digital platform for merchants
Company History
Pastel was founded in 2021. Public founder information in the source set points to Abuzar Royesh, Olamide Oladeji, Izunna Okonkwo. Its latest captured funding/news event in the source set was in 2025, recorded as Grant.
Key Facts
| Country | Nigeria |
| Founded | 2021 |
| Founders | Abuzar Royesh, Olamide Oladeji, Izunna Okonkwo |
| Sector | Finance |
| Operational Status | Appears active |
| Latest Round | Grant, 2025, $0.35M |
| Total Disclosed Funding | $5.85M |
| Website | https://pastel.africa/ |
Business Model
Pastel appears to operate a product-led business model in the Finance sector. Based on public descriptions, it generates value through technology-enabled services, software, marketplace access, operations, or financial infrastructure.
Products and Services
- Credit and lending tools
- Financial data services
- Business payments
- Risk or KYC workflows
Funding and Market Position
Public deal records in the source set show 2 disclosed funding event(s), with about $5.85M captured in total. The most recent event is recorded as Grant, 2025, $0.35M.
Contact Information
The most reliable public contact channel in the source set is the official website: https://pastel.africa/. Public phone numbers and public support emails were not consistently available at scale, so the website/contact form is the best public route.
Company Location
Operational Status
Latest public funding/news source in 2025 suggests the startup was operating at that time. Status recorded here is a best-effort assessment as of March 21, 2026.
Why This Startup Matters
As a Nigerian startup in the Finance space, Pastel matters because it addresses local market problems with a scalable digital product or operational model.
Sources
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