Egyptian B2B e-commerce platform MaxAB raises $40M Series A
MaxAB, the largest Egyptian B2B e-commerce platform that serves food and grocery retailers, has secured $40M in a Series A round, led by RMBV, a prominent impact investor in North Africa.
MaxAB, the largest Egyptian B2B e-commerce platform that serves food and grocery retailers, has secured $40M in a Series A round, led by RMBV, a prominent impact investor in North Africa.
Customers of Kenya’s eminent telco Safaricom can now buy shares listed on the Nairobi Securities Exchange using their Bonga Points. This marks the first investment option for redeeming the Bonga Points loyalty reward, which can be used for a multitude of other options in the past.
In the Middle East, no less than ten startups offering BNPL services have launched within the past three years. The launch of tabby as a buy now, pay later solution was to specifically target economic problems of the MENA and wider GCC region. Global Founders Capital and STV led the funding round, with participation from Delivery Hero and CCVA.
Lytics has launched Cloud Connect, which lets users create SQL queries to extract an audience from a cloud database and send it to an ad network. They describe it as a “freemium” product but don’t get too excited: the free version connects just one warehouse to one ad network.