eCommerce in Egypt • Techpoint Africa

Egyptian eCommerce platform, Kenzz raises $3.5 million seed to deepen eCommerce adoption in Egypt and the MENA region

While eCommerce is growing rapidly in Egypt, only the big cities enjoy it. Kenzz has closed a $3.5 million round to change that.

Bolu Abiodun

5 months ago

Startups

Egyptian eCommerce platform, MaxAB, gets $15m Series A extension, acquires Morocco-based WaystoCap

Following one of the largest Series A in the MENA region, Egyptian B2B eCommerce platform, MaxAB, has announced an additional $15m funding and the acquisition of Moroccan eCommerce startup, @WaystoCap.

Joy Matthew

2 years ago

Startups

Egyptian eCommerce startup, MaxAB, raises $40m Series A to accelerate expansion

After its seed round in September 2019, Egyptian MaxAB has raised a $40 million Series A round to expand, grow its team, and add supply chain and finance solutions to newly launched business verticals.

Victoria Fakiya

2 years ago

Startups

Egypt gets its first unicorn as MNT-Halan announces a $400 million investment

MNT-Halan has received a $400 million investment that makes it Egypt's first unicorn.

Chimgozirim Nwokoma

2 months ago

Startups

FlapKap raises $3.6 million in seed funding to provide business financing for eCommerce and SaaS businesses in MENA

Six months after announcing a $1.2 million investment, FlapKap, a startup that provides revenue-based financing for businesses in the Middle East and North Africa, has announced a seed round of $3.6 million.

Chimgozirim Nwokoma

6 months ago

Startups

Convertedin, an Egyptian ad automation platform, closes a $3 million seed to serve brands in Mexico and Brazil

Convertedin, an Egyptian ad automation platform, has closed a $3m seed round to serve brands in Mexico and Brazil. Launched in 2019, it provides an eCommerce marketing operating system to brands and businesses.

Victoria Fakiya

8 months ago

Insights

NFTs and music, Egypt’s money rain, Payhippo’s $3m seed, and Opibus’s $7.5m funding

Today on #TechpointDigest, @BoluAbiodun1 discusses NFTs and music, Egypt’s money rain, @payhippo’s $3m seed, and @Opibus1’s $7.5m funding.

Bolu Abiodun

1 year ago

Fintech

JumiaPay partners with the National Bank of Egypt to offer business payment services

JumiaPay, the fintech startup of the @Jumia_Group marketplace, has partnered with @NBE1898 in offering new digital payment services.

Joy Matthew

2 years ago

Startups

Egypt-based last-mile delivery company, Bosta, raises $6.4m Series A

Egyptian last-mile delivery and logistics company, Bosta, has secured $6.4 million in a Series A round led by Silicon Badia. The courier service is looking to enhance eCommerce delivery in the MENA region and across Africa.

Joy Matthew

2 years ago

Startups

Egyptian fintech startup, Telda, raises $5 million in pre-seed round

One-month-old Egyptian fintech startup, Telda, has raised $5 million in a pre-seed round led by Sequoia Capital. With this raise, the startup aims to grow in Egypt and supply close to a million cards in its first year.

Victoria Fakiya

2 years ago

Insights

MaxAB Series A funding, Facebook’s fibre in DRC, Nigeria’s #TwitterBan losses?

Today on #TechpointDigest, @jermah4 discusses MaxAB Series A funding, @LiquidInTech partnership with @Facebook, and the likely economic effect of Nigeria's #TwitterBan.

Joy Matthew

2 years ago

Techpoint Digest

Nigeria’s plan to fund tech and creative entrepreneurs

On TechpointDigest, Victoria Fakiya discusses African VC funding in February 2023, Nigeria's ₦‎309.5 billion fund, Flutterwave's licences in Rwanda, and Flat6Labs' $95m fund.

Victoria Fakiya

2 weeks ago

Fintech

M-Pesa eyes global remittance market with Amazon partnership

M-Pesa serves more than 50 million people in Africa. Now it's turning its eyes to the remittance market.

Chimgozirim Nwokoma

1 month ago

Ecosystem

Launch Africa Ventures has been Africa’s most active venture capital investor since 2021

More investors continue to show interest in African startups, but Launch Africa Ventures has remained the most active investor for two years in a row.

Chimgozirim Nwokoma

1 month ago

Startups

Jumia posts 24.7% revenue growth in 2022 but continues to lose money

Despite seeing revenues grow by more than 24%, eCommerce giant, Jumia, continues to post losses.

Chimgozirim Nwokoma

1 month ago

1 2 3 … 6 Next »

Subscribe To Techpoint Digest

This is A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day!

Give it a try, you can unsubscribe anytime. Privacy Policy.

Subscribe To Techpoint Digest

Search results for

Subscribe To Techpoint Digest

Search

Lagos Startup Expo 2023