{"id":575867,"date":"2020-11-02T03:55:41","date_gmt":"2020-11-02T03:55:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/egyptian-startup-fatura-to-add-e-payments-aims-to-scale-in-early-2021\/"},"modified":"2020-11-02T03:55:41","modified_gmt":"2020-11-02T03:55:41","slug":"egyptian-startup-fatura-to-add-e-payments-aims-to-scale-in-early-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/egyptian-startup-fatura-to-add-e-payments-aims-to-scale-in-early-2021\/","title":{"rendered":"Egyptian startup Fatura to add e-payments, aims to scale in early 2021"},"content":{"rendered":"

STARTUP WATCH-<\/strong> Fatura to add e-payments, aims to scale in early 2021:<\/strong> B2B e-commerce platform Fatura is in talks with several unnamed e-payments companies and financial institutions to allow retailers to pay for their orders electronically through its platform, co-founder and CEO Hossam Ali (LinkedIn) told the press<\/a>. The company currently collects only cash payments from FMCG retailers, which use its app to restock, Ali added. Adding e-payments comes as part of a bid to become an \u201cintegrated logistics platform\u201d by 1Q2021, according to Ali. Fatura recently announced<\/a> an \u201caggressive\u201d expansion plan after raising more than USD 1 mn in July<\/a> in its first funding round led by Disruptech.<\/p>\n

What does Fatura do? <\/strong>Fatura<\/a> is a B2B marketplace that allows FMCG retailers to place orders from suppliers using a mobile app. The app also helps find the best prices, collects inventory data to build supply chain analytics, and allows retailers to sign up for extended payment plans.<\/p>\n","protected":false},"excerpt":{"rendered":"

STARTUP WATCH- Fatura to add e-payments, aims to scale in early 2021: B2B e-commerce platform Fatura is in talks with several unnamed e-payments companies and financial institutions to allow retailers to pay for their orders electronically through its platform, co-founder and CEO Hossam Ali (LinkedIn) told the press. The company currently collects only cash payments […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[199,72,203,1689,383,145,338,2380,123,239],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575867","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-e-commerce","tag-enterpriseam","tag-entrepreneurship","tag-fatura","tag-fmcg","tag-logistics","tag-retail","tag-speed-round","tag-startups","tag-supply-chain","wpautop","entry"],"acf":{"mongo_id":"5a56e579-0dbb-456b-9ba9-314775c83017","is_powered_by":true,"section_story_id":"0cbefd3a-3339-4c5b-9526-d20e55229721","story_type":"1","photo_url":"","photo_position":"above","related_issue":[575858],"teaser":"","voice_url":""},"yoast_head":"\nEgyptian startup Fatura to add e-payments, aims to scale in early 2021 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/egyptian-startup-fatura-to-add-e-payments-aims-to-scale-in-early-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egyptian startup Fatura to add e-payments, aims to scale in early 2021\" \/>\n<meta property=\"og:description\" content=\"STARTUP WATCH- Fatura to add e-payments, aims to scale in early 2021: B2B e-commerce platform Fatura is in talks with several unnamed e-payments companies and financial institutions to allow retailers to pay for their orders electronically through its platform, co-founder and CEO Hossam Ali (LinkedIn) told the press. 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