Afrimarket SAS
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Afrimarket SAS - overview
Established
2013
Location
Paris, -, France
Primary Industry
Financial Services
About
Based in Paris, France, and founded in 2013 by François Sevaistre, Jeremy Stoss, and Rania Belkahia, Afrimarket SAS operates as a provider of a cash-to-goods money transfer service to African migrants so they could send money to their families through goods and services rather than money. The company's marketplace includes food, beauty, and home appliances, building materials, live animals as well as brands looking to enter the African market that does not have local delivery access. In September 2016, the company received Series B funding led by Global Innovation Fund and Proparco. The funding will be used to expand in six new markets in French West Africa and launch new technology tools.
Current Investors
Kima Ventures, Proparco, Orange Ventures
Primary Industry
Financial Services
Sub Industries
Consumer Services, e-Financial, Consumer Finance
Website
www.afrimarket.fr
Verticals
E-commerce, Mobile Apps
Company Stage
Series B
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.