Fatura is a fintech-enabled B2B marketplace that connects Egyptian retailers with wholesalers through a mobile app, allowing for instant inventory ordering and price transparency. The platform addresses the challenges of product availability and cost efficiency by providing retailers with access to a diverse range of suppliers and cashback incentives.
Funding
Funding not disclosed
Founders
Product
Problem
Egyptian retailers face challenges in sourcing inventory due to limited access to wholesalers, lack of price transparency, and inefficient ordering processes. This can lead to product unavailability and reduced profitability.
Solution
Fatura is a fintech-enabled B2B marketplace that connects retailers and wholesalers in Egypt through a mobile application. The platform provides retailers with instant access to a diverse range of suppliers, enabling price comparison and transparent transactions. By streamlining the ordering process and offering cashback incentives, Fatura improves product availability and cost efficiency for retailers.
Target Audience
The primary target audience is retailers in Egypt, specifically FMCG and MEP businesses, seeking to improve their inventory sourcing and reduce costs.
Features
- Mobile app for retailers to browse and order inventory from multiple wholesalers.
- Price transparency, allowing retailers to compare prices from different suppliers.
- Cashback incentives on purchases for retailers.
- Search functionality to find specific products and the best prices in their area.
- Order tracking to monitor receipts and monthly purchases.