Egyptian E-commerce Platform zVendo Raises Six-Figure Investment

Egypt-based e-commerce platform, zVendo, has raised a six-figure seed funding round with investment from EFG EV Fintech and other undisclosed angel investors. zVendo is a software-as-a-service platform that small businesses can use to create their own online stores in Arabic. Users can easily localise their online storefronts through zVendo's freemium services even without any technical knowledge.

Founded in 2018 by Sameh Abdel Fattah and Tarek Bakry, zVendo has already spread into Saudi Arabia and the UAE, and plans to use this new funding to expand into the Gulf region, where - like Egypt - e-commerce continues to boom.

Learn more about zVendo here.