Tradepal AI, a Nigerian financial technology company, has launched a tax compliance platform aimed at helping small and medium-sized enterprises and digital traders meet Nigeria’s evolving tax requirements.
The company said the platform is built to support businesses operating across both traditional commercial activities and digital transactions, as new tax reforms increase reporting obligations and enforcement across the economy.
Tradepal AI uses artificial intelligence to provide compliance infrastructure, including tax filing support, transaction tracking and reporting tools. Users can monitor real-time turnover, calculate allowable deductions and assess tax exposure through a single dashboard. The company said this is intended to reduce manual processes, improve record accuracy and limit the risk of penalties.
The launch comes as Nigeria’s new tax reforms take effect, placing greater emphasis on transparency, documentation and data-driven enforcement. Many SMEs and informal businesses remain unprepared for these changes, particularly those that rely on fragmented record keeping.
Tradepal AI was co-founded by Femi Adegolu and Ambassador Adebiyi Ayoyinka, both active in Africa’s fintech and digital assets ecosystem. According to the founders, the platform was developed in response to recurring challenges faced by traders and service providers during audits and tax reviews.
Speaking on the launch, Adegolu said: “To be very honest, the informal sector and SMEs are not so prepared for this tax reform, and that’s why we’re here to help them. We foresaw this some months ago when Ambassador Adebiyi told me about the idea to build something that will help businesses, fintechs, and service providers become compliant and avoid tax penalties by the government.”
He noted that uncertainty around taxation has created anxiety among business owners. “Already, there’s a lot of news flying around about how taxes should work. SMEs are scared, but people should not be. What we’ve built is plug-and-play. People can log their trades and access accurate data, record-keeping, transaction monitoring, and transparency. Tradepal AI will now be the tool that helps channel your narrative,” he said.
Ayoyinka said the platform places strong emphasis on documentation and audit readiness. “Tradepal AI ensures that your transactions are properly documented. It has an audit tray where you can review transactions weekly or monthly and print out records whenever you meet a tax officer,” he said.
He added that the system allows controlled third-party access. “We have software features that allow you to grant login details to an auditor, enabling them to access your dashboard remotely while you monitor it from your own device,” Ayoyinka said.
According to him, the platform also supports broader compliance needs linked to regulatory recognition, even for businesses that do not operate full trading platforms.
On January 1, 2026, Tradepal AI announced that it raised $50,000 in pre-seed funding to scale its operations. The company’s chief executive officer, Deborah Ojengbede, said the funding would support expansion as Nigeria’s tax environment continues to change.
“Securing our $50,000 funding milestone not only signals confidence in Tradepal AI, but also validates the growing need for transparent, regulation-aligned operations,” she said.
“With Nigeria’s new tax reforms now in effect, enforcement is becoming more data-driven. Compliance readiness is no longer optional,” Ojengbede added.
