Fatura is an Egyptian fintech-powered marketplace that provides financial services and access to wholesalers for small retailers.
MaxAB-Wasoko Bets on Fintech Over E-commerce in Push for Profitable Growth Across Africa
MaxAB-Wasoko is intensifying its focus on fintech to drive profitability in North and East Africa. The company is scaling back e-commerce efforts in Morocco to prioritize fintech growth.
Fatura Joins MaxAB-Wasoko in Africa’s Biggest Retail Tech Move
MaxAB-Wasoko acquired Fatura from EFG Finance, strengthening its position in Africa's B2B commerce. EFG Finance becomes a major shareholder and board member of MaxAB-Wasoko as part of the acquisition deal.
MaxAB-Wasoko deepens Egypt footprint with Fatura acquisition
MaxAB-Wasoko acquires Fatura from EFG Finance, enhancing its B2B eCommerce capabilities in Egypt. EFG Finance becomes a significant shareholder in MaxAB-Wasoko and secures a board seat.
MaxAB-Wasoko makes first post-merger move with acquisition of Egypt’s Fatura
MaxAB-Wasoko acquired Fatura, an Egypt-based B2B e-marketplace, from EFG Finance. The acquisition aims to consolidate retail and supply chain technology across African markets.
