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African Startup Funding Tracker

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Egypt’s OneOrder Receives USD 6.5 Mn Funding From Contact Factoring
Egypt’s OneOrder Receives USD 6.5 Mn Funding From Contact Factoring

Egypt-based OneOrder, a B2B e-commerce startup catering to the restaurant and hospitality sector, has signed an investment agreement worth EGP 125 million (USD 6.5 Mn) with Contact Factoring, a subsidiary of Contact Financial Holding.

OneOrder helps restaurants and food businesses source fresh and packaged food products in large quantities directly from suppliers through its platform. The startup looks to address the supply chain inefficiencies faced by Egypt’s restaurants by connecting them directly to local food and beverage suppliers.