West Africa: Omniretail Raises $20m to Expand Fmcg Distribution Across West Africa

West Africa: Omniretail Raises $20m to Expand Fmcg Distribution Across West Africa

TLDR

OmniRetail secures $20 million to expand operations across West Africa

OmniRetail, a business-to-business (B2B) commerce platform, has raised $20 million in Series A equity funding to expand its operations across Nigeria, Ghana, and Ivory Coast.  The post OmniRetail secures $20 million to expand operations across West Africa  appeared first on Nairametrics.

B2B E-commerce OmniRetail Secures $20M To Expand Operations Across West Africa

B2B e-commerce OmniRetail has raised $20 million in Series A funding to expand its operations in Nigeria, Ghana, and Ivory Coast. Norfund and Timon Capital co-led the funding round, including Ventures Platform, Aruwa Capital, Goodwell Investments, and Flour Mills of Nigeria. The company plans to use the new funding to enhance its embedded finance offerings and scale its logistics network.  Omni Retail is Digitizing West Africa’s Informal Retail …

OmniRetail Secures $20M Series A to Scale B2B Commerce And Embedded Finance Across West Africa

OmniRetail, a Nigeria-based start-up aiming to digitise traditional e-commerce through its suite of software products, has raised $20 million in series A equity funding round to transform informal retail in Nigeria and across Africa. The funding round was co-led by Norfund and Timon Capital, with participation from ventures platform, Aruwa Capital, Goodwell Investments, and Flour […] The post OmniRetail Secures $20M Series A to Scale B2B Commerc…

OmniRetail, Nigeria's B2B trading platform specializing in fast-moving consumer goods (FMCG), raised $20 million during a Series A equity financing tour. The transaction was co-led by Norfund, Norway's development finance institution, and Timon Capital. The fundraiser was co-led by the Norwegian Development Finance...

OmniRetail raises $20 million in Series A funding, now raised $38 million since 2019

Nigeria-based B2B e-commerce platform, OmniRetail, has raised a $20 million Series A equity funding round. the new investment will enable the startup to expand its footprint in Nigeria, Ghana, and Ivory Coast while extending its focus on embedded finance products. With the round, OmniRetail has now raised $38 million in equity and debt since its inception in 2019. The round was co-led by Norwegian development finance institution Norfund and Lago…