5 years ago

ZoodMall Secures $10M Series A to Expand E-commerce Marketplace in MENA

  • ZoodMall, a cross-border e-commerce marketplace app operating in Central Asia and the Middle East, has raised $10 million in Series A funding

  • The funding will be used to expand the company's regional presence into Jordan, Kuwait, Bahrain, and Saudi Arabia, as well as to bolster its proprietary ZoodPay "Buy Now, Pay Later" (BNPL) fintech technology.

      • ProblemRetail

      "Consumers in Central Asia and the Middle East lack a seamless and localized shopping experience for cross-border e-commerce."

      Solution

      "ZoodMall is a mobile-first cross-border e-commerce marketplace app that connects customers with a wide range of products from over 30,000 sellers. It offers a localized shopping experience, overcoming constraints on language, payment methods, and logistics. It also features ZoodPay, a 'Buy Now, Pay Later' (BNPL) solution."

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