New Investments
Tappi Secures $1.5 Million to Empower African SMEs with Digital Commerce Solutions
Tappi, a rapidly growing digital commerce platform for small and medium-sized businesses (SMEs) in Africa, has secured $1.5 million in a pre-seed funding round.
The round was led by Mercy Corps Ventures and Chui Ventures, with participation from prominent investors, including Digital Currency Group, SOSV, Resilience17, growX ventures, Orbit Startups, and Reflect Ventures.
Angel investors and advisors from global tech companies like Google, Salesforce, and Zendesk also participated in the round.
This significant investment will fuel Tappi’s mission to empower SMEs across Africa by providing them with the tools and resources they need to succeed in the digital age.
This significant investment will fuel Tappi’s mission to empower SMEs across Africa by providing them with the tools and resources they need to succeed in the digital age.
The funding will be used to expand into new markets, strengthen the platform’s technology infrastructure, and hire top talent.
Founded in 2022, Tappi recognizes the critical role SMEs play in the African economy, contributing significantly to GDP and employment.
Founded in 2022, Tappi recognizes the critical role SMEs play in the African economy, contributing significantly to GDP and employment.
However, these businesses often face challenges in digitizing their operations and leveraging the opportunities of the digital world.
Tappi addresses these challenges by providing an easy-to-use, end-to-end digital commerce solution.
Tappi addresses these challenges by providing an easy-to-use, end-to-end digital commerce solution.
With its innovative approach and focus on customer success, Tappi is poised to become a leading force in the African digital commerce market.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
You may also like...
Catalyst Fund Closes $40 Million Fund to Back Next Generation of African Climate-Tech Startups
The Catalyst Fund, a pre-seed venture capital fund and accelerator focused on driving climate resilience innovation in Africa, today announced the successful first closing of its $40 million fund.
September 6, 2023
AfricInvest Closes its Transform Health Fund at $111 Million to Improve Healthcare Across Africa
AfricInvest, a prominent pan-African investment platform, has successfully closed its Transform Health Fund (THF) at $111 million, surpassing its original target.
October 13, 2024
Untapped Global Invests in Kenyan EdTech Startup ElimuTab
Untapped Global, a leading impact investment firm, has announced a strategic investment in ElimuTab, a Kenyan educational technology startup.
August 26, 2024
