South African fintech Lula, formerly known as Lulalend, has rebranded and expanded its services to become a one-stop cash-flow management and business banking solution for SMEs. The company is partnering with Access Bank to offer a business banking account tailored for SMEs with advanced financial management capabilities, including an AI-driven cash flow analysis tool. Lula aims to provide SMEs with fast and easy access to funding within 24 hours without requiring collateral, flexible repayment terms, as well as real-time insights on income, expenditure and cash flow forecasts through its Lulaflow tool.
