MarketForce

Financial Services, FinTech, Information Technology
Founded in 12/1/18
Nairobi, Nairobi Area, Kenya
http://www.marketforce.io/
For Profit

About MarketForce

MarketForce is a US, Kenya and Nigeria-based technology company that is building the SuperApp for Africa's 100 million merchants. MarketForce provides an all-inclusive B2B Commerce and Fintech platform (dubbed “RejaReja” – Swahili for ‘retail’) that empowers merchants in Africa to source, order and pay for inventory digitally and conveniently, access financing, collect digital payments and make extra money by reselling digital financial services such as airtime, electricity tokens and bill payments. Launched in 2018, MarketForce is a fast-growing YC backed company running an asset-light business model and is currently operational in 5 markets in Sub-Saharan Africa, with over 200,000 merchants and 50 consumer brands trading on the platform.

Company Metrics

  • Employees: 251-500
  • Monthly Visits: 1311
  • Tech Stack: None active products

Financial Information

  • Estimated Revenue: $10M to $50M
  • Total Funding: 43100000 USD
  • Last Funding: 250000 USD (Grant)
  • Funding Status: Early Stage Venture

Technology Stack

MarketForce actively uses None products in their tech stack.

Market Presence

Industries: Financial Services, FinTech, Information Technology

Headquarters: Nairobi, Nairobi Area, Kenya

Leadership

Employees

  • Mesongo Sibuti - Cofounder and Chief Technology Officer (LinkedIn)
  • Njoki Karungu-Karuga - Chief People Officer (LinkedIn)
  • Roberta Ajulo - Administrative Business Partner (LinkedIn)