MaxSoko (formerly MaxAb)

formerly MaxAB

MaxSoko (formerly MaxAb) is an e-commerce company in Cairo, Egypt, founded in 2018. It has raised $1.0M across 1 round, most recently a $1.0M Seed in September 2019.

The Region's Leading Retailer Super App

Headquarters
Cairo
Employees
201–500
Founded
2018
Business Model
Marketplace
Website
maxab.io
Total Funding
$1.0M
Last Round
$1.0M SeedSep 2019
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round for this company. The full record is or through the API.

About

MaxAB (now MaxSoko after merging with Wasoko) is a pan-African B2B e-commerce platform founded in 2018 in Cairo, Egypt by Belal El-Megharbel and Mohamed Ben Halim. The company re-engineers the retail supply chain by connecting underserved FMCG retailers directly with suppliers across Egypt, Morocco, Kenya, Rwanda, and Tanzania, offering over 3,000 SKUs alongside embedded fintech solutions including credit, bills payment, and data analytics services. MaxAB has grown into the region's leading retailer super app, serving informal merchants across Africa's $600 billion retail sector.

Summary

It lists 201–500 employees. It has raised $1.0M in total across 1 round, most recently a $1.0M Seed round in Sep 2019.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
SeedSep 2019
$1.0M

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