Senegalese startup ProXalys, which specialises in digital transformation in B2B commerce, has raised a US$500,000 funding round to help it scale. The startup, which has expanded its operations to Tunisia, has raised a US$500,000 funding round, led by 216 Capital, a Tunisia-based seed fund. ProXalys will utilise the funding to accelerate the go-to-market of its new product, ProBoutik, and strengthen its data and AI teams in Tunisia and Senegal. “The collaboration reflects a shared belief in the necessity of financial inclusion and digital transformation to drive sustainable economic development in the region,” he said. ProXalys raised a US$150,000 pre-seed round of funding back in 2022.

Source: The North Africa Journal January 30, 2024 15:16 UTC