Also known as: MarketForce360, MarketForce 360
The SuperApp for neighbourhood merchants in Africa.
Company is active
Event Year: 2020
Company is active
Event Year: 2020
MarketForce is dedicated to empowering neighborhood merchants across Africa by providing a comprehensive digital platform. This platform streamlines the process of sourcing, ordering, and paying for inventory, offering a convenient and efficient solution for merchants. Furthermore, MarketForce provides access to a banking wallet with credit facilities, enabling merchants to manage their finances effectively. The platform also facilitates the collection of digital payments, expanding payment options for customers. In addition to these core services, merchants can earn extra income by offering agency banking services and reselling digital financial services like airtime, electricity tokens, and bill payments within their communities.
Founded in 2019, MarketForce operates on an asset-light business model, allowing for rapid growth and scalability. Currently active in five Sub-Saharan African markets, the platform supports over 200,000 merchants and facilitates trade with 180 consumer brands.
MarketForce is dedicated to empowering neighborhood merchants across Africa by providing a comprehensive digital platform. This platform streamlines the process of sourcing, ordering, and paying for inventory, offering a convenient and efficient solution for merchants. Furthermore, MarketForce provides access to a banking wallet with credit facilities, enabling merchants to manage their finances effectively. The platform also facilitates the collection of digital payments, expanding payment options for customers. In addition to these core services, merchants can earn extra income by offering agency banking services and reselling digital financial services like airtime, electricity tokens, and bill payments within their communities.
Founded in 2019, MarketForce operates on an asset-light business model, allowing for rapid growth and scalability. Currently active in five Sub-Saharan African markets, the platform supports over 200,000 merchants and facilitates trade with 180 consumer brands.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2020
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2020
B2B
B2B
B2B -> Retail
B2B -> Retail
Team size: 400
Hiring: No
Team size: 400
Hiring: No