Remove Alternative Remove Botswana Remove Profit
article thumbnail

South African startup Qwili gets $1.2M to scale its app and low-cost NFC-enabled smartphone

TechCrunch

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.”.

article thumbnail

Namibian B2B e-commerce retail platform JABU raises $15M led by Tiger Global

TechCrunch

More on the latter, Akinin said he’s betting that the wallet system can provide a more sustainable alternative to the popular BNPL model that other platforms are offering to merchants. “I The Series A round will see JABU deepen its presence in Southern Africa and expand to new markets like Botswana and Eswatini later this year.