TradeDepot secures $110m to scale Buy-Now-Pay-Later model in Africa

TradeDepot had raised $10 million in January. Its total equity funding currently stands at $54.9 million.

TradeDepot, a business-to-business ecommerce, and embedded finance company has secured $110 million in an equity and debt funding round to expand the delivery of Buy-Now-Pay-Later services to 5 million SME retailers in Africa. The company is also planning to scale its merchant platform in new cities

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