Shekel Mobility provides a digital platform connecting global auto suppliers with African dealers through integrated financing, logistics, and operational tools. The platform offers solutions for inventory sourcing, trade financing, and real-time business management for local and agent dealers. This ecosystem facilitates efficient cross-border vehicle trade and streamlines the entire automotive supply chain across Africa.
Funding
$10.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
VCZBFounders
Product
Problem
Auto dealerships often struggle with fragmented systems for inventory financing, transaction management, and payment processing, leading to operational inefficiencies and hindering sales growth. Managing multiple platforms increases administrative overhead and reduces the ability to make data-driven decisions.
Solution
Shekel provides an integrated mobile platform designed to streamline operations for auto dealerships by combining inventory financing, transaction management, and payment processing into a single application. The platform offers access to inventory financing, enabling dealers to acquire vehicles and expand their inventory. It also facilitates car trading within a B2B marketplace, along with tools to manage business operations, track transactions, and process payments. By consolidating these functions, Shekel aims to improve cash flow, increase efficiency, and provide real-time insights to help dealerships grow their business.
Target Audience
The primary target audience is auto dealerships of all sizes seeking to streamline their operations, improve cash flow, and access financing options.
Features
- B2B car listing and trading marketplace for finding and selling vehicles
- Access to inventory financing and business loans to expand inventory
- Digital financial operations for improved efficiency and accuracy
- Real-time insights and analytics for better cash flow management
- Tools for managing business operations, tracking transactions, and processing payments
- Mobile app available on iOS and Android