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OmniBiz Transforming Traditional Retail in Africa

Cover image of OmniBiz, E-commerce venture on VC4A



Through deep understanding of the Retailer owing to extensive experience in FMCG Retail and platform tech for SMEs in Nigeria, they have been able to create a decentralized approach to digitized retail. In an entirely asset light model, they have activated networks of logistics and warehousing partners as well as networks of brands and distribution partners in order to enable seamless procurement for retailers. They have 1000 active distributor stockpoints, 750 committed vehicles and 65k monthly active retailers helping create this ecosystem. Most recently, post understanding the SMEs in depth, they enabled access to finance through an aggregator embedded wallet and offered working capital finance through product loans on the platform.

Sectors E-commerce, Fintech, Retail and wholesale
Location Lagos, Nigeria
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