AI agents for business finance: what they can and can't do
What AI agents can do in bookkeeping, close, collections and compliance today, where a person must stay in charge, and how to judge a product.
Meet Eva, the assistant inside the Pryme app. She opens accounts, moves money, saves toward your goals and follows up. Nothing leaves your account without your approval.
Meet Eva, the assistant inside the Pryme app. She holds dollars, pounds, euros and Naira side by side, swaps at a locked rate, pays bills in any of them and sends anywhere, asking before anything moves.













We give you a limit to spend at the shops and services you already use — and an account that works on your month while you get on with it. Dollars, pounds and euros sit beside your Naira, and an assistant handles the running of it, asking you first every single time.
One global account for your money and business. Move across currencies, automate everyday operations and put AI agents to work — with you in control of every important decision.




Evayour assistant
DanielChief of Staff
BenFinance
BruceCareYour competitor down the road sells the same thing you sell. The difference is who walks in. We put money in people’s hands that can only be spent in businesses like yours — and then we point them at you.
You are not borrowing. You are selling to somebody who already has the money — and that money can only be spent with a business like yours.
₦100,000 from day one · agreement v2.1 · 12 Aug · View
Eva waits for your rate and asks before she moves anything.
No card, no OTP, nothing for the buyer to type in. They transfer from the bank app they already use, and the money lands in the same account your agents are running — already matched to the order, already in your books.
We give the buyer a one-time account number. They transfer to it from any bank app or by USSD — no card, no OTP, nothing to type in.
Get the account numberTo this account, from any bank app. We watch it, and the page updates itself.
₦26,767.50 from GTBank · John D., matched to order ORD‑1042.
Five agents come with the account. Each one has a job description, a budget and a ceiling you set. They do the work and bring it to you — nothing leaves the account without your signature.
Knows what is stuck, who is waiting and what you promised — and keeps all three moving.
Booked a meeting with John Doe Foods for Thursday 11:00.Keeps the books as you trade and tells you the moment something does not add up.
Flagged a duplicate — invoice DP‑11908 was already paid in July.Holds every filing to its own clock and screens names and payments against your policy — and logs what it refuses.
Screened 412 payments overnight and refused two of them.Goes back to the buyers who went quiet, with the receipt already attached.
Recovered ₦410,000 across three overdue invoices.Replies, follows up on what they asked for and hands you only the ones that need you.
Resolved 4 conversations — two deliveries, one refund.Issue a dedicated Naira account number to each of your own customers, collect into it and reconcile against it. The same rails the Business Account runs on, with the licence behind them.
Dollars, pounds and euros beside a Naira account, on one ledger and one set of books. Five agents come with it and run the account — nothing leaves without your signature.
Five agents come with the account. Each has a job description, a budget and a ceiling you set. They do the work and bring it to you — they propose, you approve.
Knows what is stuck, who is waiting and what you promised, and keeps all three moving.
Booked the quarterly review with your auditor for Thursday.Keeps the books in every currency you hold and flags the moment something does not add up.
Flagged a duplicate — invoice DP‑11908 was already paid in July.Holds every filing to its own clock and screens names and payments against your policy — and logs what it refuses.
Screened 412 payments overnight and refused two of them.Goes back to the buyers who went quiet, with the invoice and the receipt already attached.
Recovered $12,400 across three overdue invoices.Replies, follows up on what they asked for and hands you only the ones that need you.
Resolved 4 conversations — two deliveries, one refund.The business has changed shape four times and never changed what it was rooted in. Each version was built out of what the last one could not do.
An online grocery store, built out of a faulty tab. Selling the food was the easy part — taking the money for it, and moving it, turned out to be the business.
A prepaid card. The first time the company issued rather than resold, and the first time it carried the obligations that come with holding somebody else’s money.
Solid Allianze acquired — an existing bank with an existing licence. The perimeter stopped being someone else’s to draw.
More than one currency on one balance, and the rebrand to Pryme. A Nigerian business could hold dollars without holding a second institution.
Accounts that do the work rather than only hold value. Five agents on the account, inside a policy you write — which is where the new mark starts.
Pryme is a financial technology company. It gives people and businesses in Nigeria one account that holds Naira alongside dollars, pounds and euros, and a set of agents that do the running of it — keeping the books, chasing what is owed, answering customers and paying bills. Nothing leaves an account without the owner’s approval.
Yes. A Pryme account holds Naira, US dollars, pounds sterling and euros side by side on one ledger, each with its own account details — a Nigerian account number, a US account number, a UK sort code and an IBAN for the euro area. You can swap between them at a rate you set, and every currency has its own statement.
Spaces is available in Nigeria. It gives a shopper money to spend that can only be spent with a participating business. The business is paid into its Naira account whether or not the shopper repays, because Pryme carries the credit. For the business it is free to join, there is nothing monthly, and the customer’s identity is never shown — only a reference and what it is worth.
Five agents come with the account. The Chief of Staff runs the week and keeps what is stuck moving. Finance watches the money and keeps the books as you trade. Compliance keeps the filings on time and screens what moves. Sales chases what you are owed. Customer Support answers your customers and follows up. Each has a job description, a budget and a ceiling you set, and each one proposes rather than acts — nothing leaves the account without your signature.
Pryme Pay takes payments on your own site or on a checkout page you control. The buyer is given a one-time account number and transfers to it from any bank app or by USSD — no card, no OTP, nothing to type in. The money lands in the same account your agents are running, already matched to the order and already in your books.
Savings Boxes are separate pots inside a Pryme account, held in Naira. Flexible Boxes can be withdrawn at any time, Fixed Boxes hold to a date, Investment Boxes hold for longer, and Interest-free Boxes earn nothing by design. A business can use them to ring-fence payroll and the tax it withholds, so that money cannot be spent by accident.
Pryme is a financial technology company, not a bank. Accounts and deposits are provided by Solid Allianze Microfinance Bank Limited, which is licensed by the Central Bank of Nigeria and is a member of the Nigeria Deposit Insurance Corporation.
Yes. Pryme Rails lets a platform issue a dedicated Naira account number to each of its own customers, collect into it and reconcile against it, over one API — the same rails the Pryme Business Account runs on.
Pryme is a financial technology company. It gives you one account that holds US dollars, pounds sterling and euros beside Naira, with an assistant that runs the account for you and asks before anything moves. Accounts are provided in Nigeria today, and further markets open as each licence lands.
Accounts are provided in Nigeria today, subject to verification and approval. Foreign-currency balances are held and converted inside that account, so you can hold, receive and swap dollars, pounds and euros wherever you are.
Naira, US dollars, pounds sterling and euros, side by side on one ledger. Each has its own details — a Nigerian account number, a US account number, a UK sort code and an IBAN for the euro area — and each has its own statement.
Swap at a rate you set rather than the rate of the day, then send to any Pryme username or to a Nigerian bank account. There is no fee to send to another Pryme account.
Eva is the assistant inside the Pryme app. She opens accounts, moves money, saves toward your goals, pays what is due and follows up what is owed to you — and asks you before anything moves.
Pryme Rails lets a platform issue a dedicated Naira account number to each of its own customers, collect into it and reconcile against it, over one API — the same rails the Pryme Business Account runs on.
Notes on money that does the work: what we are building, what the regulation actually says, and how we think about letting software act on money. Read the Ledger
What AI agents can do in bookkeeping, close, collections and compliance today, where a person must stay in charge, and how to judge a product.
How multi-currency business accounts work: local details vs SWIFT, payment rails, the real cost of FX, safeguarding vs deposit protection, and hedging.
How UK, US, Canadian and European firms pay Nigerian suppliers and get paid by Nigerian clients: FX, Form A and M, tax, compliance and payout routes.
What it really costs to send money to Nigeria from the UK, US, Canada and Europe: fees, exchange-rate margins, CBN naira rules, BVN, speed and scams.
What AI can and cannot do in day-to-day bookkeeping, how much time it saves on real numbers, and which jobs must stay with you or your accountant.
What a small shoe workshop needs: tools, leather and sole sourcing, a labelled per-pair costing, and how Aba-style batch production wins bulk buyers.
A small shoe workshop needs lasts, cutting and skiving knives, an industrial or post-bed sewing machine, a sole press and good adhesive, plus a steady source of finished leather and soles. In our labelled example, a pair of leather slippers costs about ₦7,500 to make and sells to a boutique for ₦11,000, so 20 pairs a week leaves about ₦70,000 before your own labour. The money is in batch production and repeat bulk buyers, not single pairs.
Aba in Abia State, and the Ariaria market area in particular, is widely described as the centre of Nigerian shoe making. What people mean by "Aba-style" is less about one place and more about a way of working: small workshops that each do one stage well, buy materials in shared markets, and produce in batches of the same design in several sizes. One shop cuts uppers, another stitches, another lasts and fixes soles, and finishers clean, polish and pack. A new maker can copy that model anywhere by deciding which stages to do in-house and which to buy in.
For a beginner, the practical lesson is to start narrow. Slippers, palm sandals and simple loafers need fewer operations than lace-up shoes or boots, and they let you learn cutting, stitching and sole attachment before you take on closed shoes, where fit and lasting matter far more.
| Stage | What you need | Notes |
|---|---|---|
| Pattern and cutting | Pattern card, cutting board, sharp knives, scissors, ruler, silver pen | Cutting waste is your biggest hidden cost; plan patterns across the hide |
| Skiving and preparation | Skiving knife or skiving machine, edge beveller | Thinning edges makes stitching neater and folds cleaner |
| Stitching | Industrial flat-bed or post-bed sewing machine, needles, nylon thread | A post-bed machine handles curved uppers better |
| Lasting | Lasts in your size range, lasting pincers, tacks, hammer | Buy lasts for the sizes you sell most first |
| Sole attachment | Contact adhesive, brush, sole press (manual or pneumatic), heat source | Poor pressing is the usual reason soles peel |
| Finishing | Grinder or sanding wheel, edge ink, polish, brushes, boxes or bags | Packaging affects what boutiques will pay |
Machine and tool prices vary by brand, condition and city, and we could not find a reliable published price list, so get two or three quotes from tool dealers and, where possible, test a used machine before paying. Many makers start with hand tools and one sewing machine, and pay another workshop to press soles until volumes justify a press.
Finished leather reaches small makers through tanneries and leather traders. When you buy, you are choosing between full-grain, corrected-grain and split leathers, and between different thicknesses. For uppers, check that the leather bends without cracking, that the colour does not rub off on a damp white cloth, and that the hide is free of holes and brand marks in the parts you will cut. Buy a full hide or half hide rather than offcuts once your designs are settled, because offcuts make matching colour across a batch harder.
Example only. These are illustrative figures for a men's leather slipper, not market prices. Replace each line with quotes from your own suppliers.
| Item | Cost per pair (example) |
|---|---|
| Leather upper and lining | ₦4,000 |
| Sole | ₦1,500 |
| Insole, adhesive, thread | ₦800 |
| Packaging | ₦300 |
| Materials subtotal | ₦6,600 |
| Shop rent and power share (₦18,000 a week over 20 pairs) | ₦900 |
| Cost per pair before your labour | ₦7,500 |
If a boutique pays ₦11,000 a pair, you keep ₦3,500 a pair, or ₦70,000 on 20 pairs a week, before paying yourself or an apprentice. Sell the same pair online at ₦16,000 and the gross margin rises to ₦8,500, but you then carry delivery, returns and the cost of photographs and adverts. Most workshops do both: wholesale for volume, retail for margin.
Bulk buyers keep a workshop busy. Typical ones are boutique owners and online sellers who want their own label, schools and private security firms buying uniform shoes, hotels and churches buying matching footwear, and event planners ordering souvenirs. They care about three things: consistent sizing, delivery on the agreed date and a sample that matches the batch.
If you want an online shop, platforms such as Bumpa publish their plans: its pricing page listed a Starter plan at ₦15,000 a quarter when we checked in October 2026. Registering a business name with the Corporate Affairs Commission also helps with corporate and school buyers; the CAC fee schedule published in May 2025 put business name registration at ₦20,000. Check both pages for today's figure. Our guide to leather bag production covers a related product line that uses the same leather and tools.
A Pryme Business Account lets you send buyers a proper invoice through invoicing, take payment by bank-transfer checkout free of charge, and issue a verifiable receipt through our partnership with VerifyDoc.ai, which helps when a school bursar or a boutique needs proof of payment. For more on collecting payments, read how to get paid in Nigeria.
It depends on whether you buy machines or share them. A maker with hand tools, lasts in a few sizes and one sewing machine can start small and pay another workshop to press soles. Get quotes from tool dealers in your city, because we could not find a reliable published price list.
Finished leather comes from tanneries and leather traders; Aba and other shoe clusters have dealers who sell full hides, half hides and offcuts. Check flexibility, colour fastness and defects before buying.
There is no fixed price. Work out your cost per pair from your own leather, sole, adhesive and overhead figures, then add your margin. Our example costed a slipper at ₦7,500 and priced it at ₦11,000 wholesale, but your numbers will differ.
You can trade without it, but schools, companies and some boutiques prefer a registered supplier. The CAC fee schedule published in May 2025 put business name registration at ₦20,000; check the CAC site for the current fee.
This article is general information, not financial, legal or tax advice. Products described are provided under the terms on this site and are subject to regulation and eligibility.
Starting a shoe business in Nigeria: Aba-made versus imported stock, the footwear import rules, pricing tiers, and selling online or from a stall.
What it costs to start a small chops business in Nigeria: fryer, gas, packaging, event orders and a worked example of pricing per pack.
What NAFDAC's pre-packaged food labelling regulations require on a snack pack: name, ingredients, allergens, batch number, dates and registration number.
You can add the other type later — many of our customers hold both.
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