Nigerian B2B Marketplace Sabi Raises Seed Funding Round

Sabi, a Nigerian B2B marketplace serving Africa’s informal economy, has received seed funding from investors, including CRE Ventures, Janngo Capital, Atlantica Ventures, and Waarde Capital. The startup intends to use the funding to expand the company’s network across Nigeria, bringing on more merchants and service providers.

Sabi works with over 10,000 agents across Nigeria that interface with new merchants and service providers across multiple business categories, including agriculture, FMCG, electronics, and financial services.