South African startup Qwili gets $1.2M to scale its app and low-cost NFC-enabled smartphone
TechCrunch
JULY 28, 2022
Sijake said Qwili doesn’t profit from selling smartphones, as it is just an enabler to the company to impact merchants that use the platform for commercial purposes. It takes a commission on every sale made on its application. So we hope to continue making smartphones available at below cost.”.
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