Kenyan startup tappi, which helps SMEs build their online identity through a chat tool that automatically creates a webpage, has raised US$1.5 million through an oversubscribed pre-seed round of funding to help it digitise and build online trust for African SMEs. The end-to-end digital commerce SaaS solution has raised US$1.5 million in an oversubscribed pre-seed round led by Mercy Corps Ventures and Chui Ventures, with participation from Digital Currency Group, SOSV, Resilience17, growX ventures, Orbit Startups and Reflect Ventures. Since its inception, tappi has captured verified reviews on US$3 million consumer transactions and engaged with over 150,000 consumers. The startup will also forge strategic partnerships, building on its existing relationship with MTN Nigeria, which has seen a 19 per cent month-on-month growth in business ads and business data bundle subscriptions. We are eager to empower SMEs across Africa by providing them with a trusted identity online to find customers.

Source: The North Africa Journal December 08, 2023 14:02 UTC