Kenyan startup TopUp Mama, which simplifies restaurant procurement processes, has rebranded as Caantin, saying its new brand identity and enhanced platform embodied its dedication to boosting the restaurant industry’s contribution to Africa’s GDP and providing better financing access for restaurants and suppliers.
Founded in 2021 by Njavwa Mutambo, Emilie Blauwhoff and Andrew Kibe, TopUp Mama – now Caantin – is a one-stop-shop for restaurants in Kenya and Nigeria that provides them with all the necessary supplies, short-term credit and tools needed to manage their businesses.
Since launch, it has collaborated with over 4,300 restaurants, ranging from local family-owned establishments to well-known chains like Mr Biggs in Nigeria and Sheraton Hotel in Kenya. Its revenue experienced a 151 per cent growth last year, and it financed millions of dollars in inventory.
The startup raised a US$1.7 million seed round this time last year, and in March of this year it evolved into Cantim, an…