Bumpa, a Nigerian e-commerce startup, has announced a $4 million raise in its recently concluded seed funding round. Plug & Play Ventures Commerce Fund, SHL Capital, Jedar Capital, Magic Fund, DFS Labs, FirstCheck Africa Angel Program, E62 Ventures, Club14, and Fast Forward Ventures also participated. Base10 Partners served as the round’s lead investor. Bumpa has…
Bumpa, a Nigerian business that serves as a one-stop shop for African retail merchants, intends to expand internationally after experiencing rapid development and receiving pre-seed capital from a bank. Bumpa, founded in February 2021 by Kelvin Umechukwu and Adetunji Opayele, assists merchants in moving their businesses online without the requirement for programming knowledge. They may…
Nigeria’s Bumpa raises $200k pre-seed to build e-commerce solutions for retail businesses Written by TOM JACKSON Nigerian startup Bumpa, which helps retailers manage and grow their businesses from their mobile phones, has closed a US$200,000 pre-seed funding round to help it reach more merchants and add more features. Launched in February by Kelvin Umechukwu and…