MSA Capital

a16z-backed Shein challenger Cider is growing rapidly

Shein has shown the world how combining social media marketing, data analytics and China’s well-oiled supply chain has created a $100 billion fast-fashion behemoth. Its success naturally spawns

Wrapped in red tape, China’s startups give up their mainland dreams

Like many ambitious Chinese who graduated college abroad during the 2010s and aspired to be the next Jack Ma or Pony Ma, Lucas returned to his motherland to build his own internet startup. Two years i

Cayena delivers inventory marketplace for food preparation businesses

Cayena is injecting technology into the Brazilian food procurement process for restaurants, bars, bakeries, hotels and dark kitchens that still much of their ordering with pen and paper.

Rabbit, a 20-minute convenience delivery startup in Egypt, comes out of stealth with $11M pre-seed

The rapid on-demand grocery and convenience delivery craze that has taken over Europe and the U.S. this past year is gradually making its way into Africa and the Middle East. Today, the spotlight is o

Gorillas grabs ‘close to’ $1BN, Series C values the on-demand grocery delivery biz at $2.1BN

Berlin-based on-demand grocery delivery and dark store operator Gorillas has grabbed “close to” $1 billion in Series C funds, in the latest sign of the searing investor interest driving ac

Egyptian startup Capiter raises $33M to expand B2B e-commerce platform across MENA

Funding startups that help manufacturers and sellers distribute products and merchants access them on a single platform keeps increasing across Africa. Today, Cairo-based B2B e-commerce startup Capite

PawaPay raises $9M seed backed by MSA, 88mph and Mr Eazi’s Zagadat Capital

When companies create digital payments-facing solutions for African countries outside Nigeria and South Africa, building around mobile money is key. It’s literally a no-brainer. The concept is u

Kenya’s Wapi Pay raises $2.2M pre-seed for cross-border payments between Africa and Asia

According to the World Bank, it is more expensive to send money to sub-Saharan Africa than to any region in the world. It is also the most expensive region to send money from. In Q1 2020, people spent

Chilean fintech Xepelin secures $230M in debt and equity from Kaszek, high-profile angels

Xepelin is built on a SaaS model designed to give SMEs a way to organize their financial information in real time.

Egyptian furniture marketplace Homzmart lands $15M Series A for MENA expansion

In most parts of Africa and the Middle East, a consumer journey and experience in buying furniture is not fun. A typical shopping process would entail looking for the best price and quality and asking