Browsing: MarketForce

  • Kenyan-headquartered company MarketForce has closed $40 million Series A round, the largest Series A round of its kind in East and Central Africa
  • Through the funding, the company will expand its business and avail more digital financial and banking services through its extensive merchant network
  • MarketForce is a leading B2B Commerce and Fintech marketplace that empowers informal merchants in Africa to order, pay and receive inventory digitally and conveniently

MarketForce, a company headquartered in Kenya, is the latest startup to receive millions in funding.

On Tuesday, February 22, MarketForce revealed it closed a $40 million Series A round, the largest Series A round of its kind in East and Central Africa.

The company said it will use the funding plans to scale merchant inventory financing and expand in existing markets.

The company said it will avail more digital financial and banking services through its extensive merchant network. MarketForce has a …