Francophone Africa-focused startup Maad secures $3.2 million to improve region’s retail market
- Maad has closed a $3.2 million seed funding round led by Venture Platform.
- The funding will be used to dominate the Senegalese market and expand to another French-speaking African country.
- Maad aims to improve the retail segment by providing a one-stop shop for retailers and offering financial services.
The funding received by Maad will enable the company to further expand its operations and solidify its position as a leader in the retail market in Francophone Africa. With its tech-powered solution and focus on improving the retail segment, Maad has the potential to drive significant transformation and make everyday-need products more accessible to the underserved population.
