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FinTech news in b2b e-commerce retail category

E-commerce B2B MaxAB raised pre-Series A round of $40M in Egypt

To continue growth due to the rising demand for food and groceries and fuel its expansion across the MENAP region, MaxAB has raised more money, this time a pre-Series A to the tune of $40 million.

E-Commerce startup BetaStore raised pre-series A round of $2.5M

These challenges befall millions of micro-retailers across the continent, and Betastore, a B2B retail marketplace for informal retailers, is working to resolve in Nigeria, Ivory Coast and Senegal.