
TechCabal
June 11, 2025 at 09:45 AM
Ever wondered why refunds take weeks in Africa's digital economy?
Lagos-based Recital is tackling the invisible chaos behind failed transactions—where banks and businesses drown in mismatched payment data.
Their AI-powered platform automates reconciliation, slashing resolution times from days to minutes. But can this fintech fix Africa's $500M reconciliation headache when even global players struggle? The answer may determine whether seamless refunds become reality or remain a pipe dream.
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