Wasla raises $9 million

Techloy -

Egypt-based e-commerce platform Wasla raised $9 million from Contact Financial Holding, formerly Sarwa Capital.

  • Wasla is an e-commerce super app that provides an end-to-end e-commerce solution.
  • It is the first emerging markets mobile web browser and desktop extension that helps users save money, pay securely, build their credit profiles and gain access to flexible and convenient financing.
  • The startup will use the funding to accelerate its regional expansion as well as expedite the rollout of new features and products such as buy now pay later (BNPL).