Microtraction has invested in cloud accounting startup Accounteer based in Nigeria. Accounteer is a platform that was created to provide services to the SME sector with the necessary records of financial performance. Business owners can create invoices, track expenses and follow up on their finances with ease. Accounteer integrates with external services like banks, e-invoicing platforms and e-commerce. Microtraction was founded by managing partner Yele Bademosi who has been involved in early startup investment deals that have good growth potential in the sector they operate in. Microtraction’s typically invests $65 000 in two stages.