Kenya based retail B2B marketplace raised $40m in Series A funding led by V8 Capital Partners.
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MarketForce raises $40m in Series A funding
“Our mission is to enable SMEs to grow, and what we’ve realized over time is that offering them loans is great, but that we need to empower them to access goods. And that’s why we’ve introduced this merchant inventory financing, which is like an overdraft facility, where they’re able to order goods and pay later after selling them. We started a pilot and it is going well.”
