Local banking solutions step up following Mercury’s withdrawal
Several African startup founders have been asked to close their accounts with American neobank, Mercury, due to compliance changes. African startups often need US bank accounts to boost credibility with investors.
Senegal’s Maad Secures $3.2 Million in Seed Funding Despite Africa’s Volatile B2B E-commerce Landscape
Maad, a B2B e-commerce startup from Senegal, has secured $3.2 million in seed funding. The funding will drive Maad's growth efforts in Senegal and facilitate exploration in West Africa.
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.
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.
Logistics Startup Maad Raises $3.2 Million to Transform Francophone Africa’s Retail Market
Maad, a tech & logistics platform for informal retailers, raised a $3.2 million seed funding round. The funding round was led by Ventures Platform and included participation from Seedstars International Ventures, Reflect Ventures, OuiCapital, Launch Africa, Voltron Capital, and Alumni Ventures.
