MarketForce, a Nairobi-based B2B platform for consumer goods retail distribution and digital financial services in Africa, has closed a $40 million Series A funding round, the largest of its kind in East and Central Africa. The funding comes seven months after the company closed on a pre-Series A round. The round was led by V8…
MarketForce, a Kenyan B2B retail and financial services distribution startup, has expanded into five more African markets to grow RejaReja, its retailer’super app’ that allows informal merchants to order and pay for inventory digitally, accept payments for utility bills, and access financing for their businesses. After successful pilot programs, the startup has announced the expansion…
MarketForce, the Kenya-based B2B platform for retail distribution of consumer goods and digital financial services, has made Nigeria its first port of expansion in the wake of its funding round. Co-founded in 2018 by Tesh Mbaabu and Mesongo Sibuti, MarketForce is a B2B retail marketplace that empowers informal merchants in Africa to source, order and pay for…
Kenya’s MarketForce raises further $100k funding from Harambeans Prosperity Fund Written by TOM JACKSON Kenyan retail-tech startup had added an additional US$100,000 in funding from the Harambeans Prosperity Fund to the US$2 million pre-Series A round it announced last month. Co-founded in 2018 by Tesh Mbaabu and Mesongo Sibuti, MarketForce enables consumer brands to optimise how they deliver…