YC-backed Bujeti launches AI agents to automate routine finance work
The launch comes as African businesses move beyond experimenting with AI to embedding it in daily operations.
Nigerian fintech Bujeti, a Y Combinator-backed company, is launching AI agents to automate routine finance tasks, aiming to make financial management more efficient for businesses. Its Real-time Agent Intelligence Network (BRAIN) employs four AI agents, referred to as Teammates, to handle documents, chase unpaid invoices, monitor transactions, and answer finance-related questions from employees. The launch of BRAIN is set for September 30 and will be accessible to businesses in Nigeria and Kenya.
Bujeti's AI agents work together on a single ledger within the platform, with Fetch responsible for extracting information from invoices and receipts, Chaser handling accounts receivable and negotiating payment plans, Watchdog monitoring financial controls and raising alerts, and Concierge serving as an internal finance knowledge assistant. These agents collaborate to handle routine tasks, allowing employees to focus on making judgments and maintain control over financial operations.
Bujeti's BRAIN system does not rely on a single AI model but uses an orchestration layer that routes tasks to various models. Irreversible tasks, such as moving money, require approval from a human. The company believes its advantage lies in the financial infrastructure supporting the AI agents, which enables them to make decisions based on the company's existing financial data. Bujeti targets the mid-market and enterprise segments, focusing on businesses with more than 20 employees and complex financial operations.
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