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Informal retail sector: OmniRetail raises $20 million

29/04/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Dans le cadre d' un tour de table de série A, OmniRetail, une plateforme de commerce B2B nigériane ciblant le secteur informel de la vente au détail, a levé 20 millions de dollars in order to accelerate its expansion in Nigeria, in Ghana and Ivory Coast.

OmniRetail plans to expand its business to new product categories, improve its credit underwriting tools, and make strategic acquisitions. The funding round was co-led by Norfund and Timon Capital, with participation from Ventures Platform, Aruwa Capital, Aruwa Capital, Goodwell Investments, and Flour Mills of Nigeria. The funding marks Norfund's first direct investment in an African startup. La société a traité 1.3 trillion (810 million dollars) in transactions in 2024, with its BNPL product d é boursant $19 billion ($12 million) per month.

OmniRetail was founded in 2019. It digitizes supply chain operations for over 150,000 informal retailers, providing inventory management, integrated credit, and digital payments

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