MVXchange
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Nigeria · Founded 2019 · $1.4M raised
- Founded
- 2019
- Business Model
- B2B
- Website
- mvxchange.com
- Total Funding
- $1.4M
- Last Round
- $1.3M SeedAug 2021
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
MVXchange (MVX) is a Nigerian digital freight and trade-finance platform founded in 2019 by CEO Tonye Membere-Otaji and CTO Tobi Amusan. Originally a support-vessel booking marketplace for the offshore energy sector, MVX pivoted in 2020 into digital freight booking and trade finance, helping merchants in Nigeria, Kenya, South Africa, Ghana and Rwanda move cargo and access credit for cross-border trade, charging commissions on trucking, warehousing, shipping and cargo-stuffing services.
Summary
MVXchange is a Supply Chain company based in Nigeria, founded in 2019. It has raised $1.4M in total across 3 rounds, most recently a $1.3M Seed round in Aug 2021. Investors include Kepple Africa Ventures, Oui Capital and Launch Africa.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Aug 2021
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Funding: Pre-Seed through Seed. Amounts, valuations, and investors where available.
Investors
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