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Kwik closes USD2m Series A round

March 24, 2022 at 4:18 pm

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French-Nigerian B2B startup Kwik (www.Kwik.delivery), a provider of SaaS logistics services to social vendors and e-commerce platforms in Africa, has closed a USD2 million Series A round.

The round was led by XBTO Ventures, an investor focused on digital asset and fintech investments, along with investments from several new and existing shareholders, including venture fund HUMLA Ventures, Leo STIEGELER, founder of Pulse, Africa, French tech investment holding NABUBOTO, Ubisoft’s CEO Yves GUILLEMOT. 

Kwik is focusing on building digital services for the three key pillars of last-mile delivery, e-commerce and fulfilment, and financial services.