Also known as: Suplias Technologies
We enable FMCG distributors in Africa buy inventory on credit
Company is active
Event Year: 2021
Company is active
Event Year: 2021
Suplias addresses the challenges faced by Fast-Moving Consumer Goods (FMCG) manufacturers in Africa by facilitating seamless payment processing and providing inventory financing solutions for their distributors. Their core offering, a mobile application called Obtainly, empowers distributors to procure inventory on credit, streamlining the supply chain. Initially launched in Nigeria, Suplias has demonstrated substantial growth, achieving a consistent 32% month-over-month revenue increase over the past 11 months. The Suplias founding team brings extensive experience in supply chain management and e-commerce, with over 25 years of combined expertise gained from leading companies such as Procter & Gamble, Pepsi Co, Gap, and Jumia, a prominent e-commerce platform in Africa.
Suplias addresses the challenges faced by Fast-Moving Consumer Goods (FMCG) manufacturers in Africa by facilitating seamless payment processing and providing inventory financing solutions for their distributors. Their core offering, a mobile application called Obtainly, empowers distributors to procure inventory on credit, streamlining the supply chain. Initially launched in Nigeria, Suplias has demonstrated substantial growth, achieving a consistent 32% month-over-month revenue increase over the past 11 months. The Suplias founding team brings extensive experience in supply chain management and e-commerce, with over 25 years of combined expertise gained from leading companies such as Procter & Gamble, Pepsi Co, Gap, and Jumia, a prominent e-commerce platform in Africa.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2021
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2021
Fintech
Fintech
Fintech
Fintech
Team size: 9
Hiring: No
Team size: 9
Hiring: No