Senegalese B2B E-Commerce Maad Raises USD 3.2 M Seed Funding
- Maad, a Senegalese B2B e-commerce startup, has raised USD 3.2 million in seed funding.
- The funding will support Maad's growth in Senegal and expansion into the wider Francophone region.
- Maad plans to expand its coverage within Senegal, enter a new market in the Francophone region, and introduce a buy now, pay later service.
The funding secured by Maad indicates a positive outlook for the Senegalese B2B e-commerce market. With the support of Ventures Platform and other investors, Maad can strengthen its operations in Senegal and explore new opportunities in the Francophone region. The planned expansion and introduction of a buy now, pay later service demonstrate Maad's commitment to addressing the needs of informal retailers and driving growth in the sector.
