Egyptian Startup ZVendo Raises Six-Figure Seed Funding

Egyptian eCommerce startup, zVendo, has raised six-figure funding in a seed round from EFG EV Fintech, and some undisclosed angel investors.

Launched in 2018, zVendo is a one-stop-shop platform which connects customers and merchants, providing a localized experience. The startup has extended its operations to the UAE and Saudi Arabia, and plans to use this funding to expand to the rest of the GCC countries.