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Marketforce

A collection of 2 posts

Reviewing the Kenyan E-Commerce Sector

Reviewing the Kenyan E-Commerce Sector

The e-commerce Sector is growing rapidly in Kenya, with user penetration exceeding the regional average and revenues expected to grow at a 16.4% annual rate by 2025. E-commerce generated the most digital revenue in Kenya in 2020, with $1.1 billion and a 76.1 percent share. Within the

Marketforce raises $40 M Series A to launch BNPL merchant stock financing, expand across Africa

Marketforce raises $40 M Series A to launch BNPL merchant stock financing, expand across Africa

Marketforce, a Kenya-based retail B2B and end-to-end distribution network, has raised $40 million in Series A funding to help finance merchant inventories and expand across Africa. Ten13 VC, SOSV Select Fund, Vu Ventures, Vastly Valuable Ventures, and Uncovered Fund were among the investors in the round, led by V8 Capital