User:Abdelmounimwaystocap/sandbox/Waystocap

WaystoCap is a business-to-business e-commerce marketplace that enables companies in Africa to import and export goods.

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Waystocap
WaystoCap is a business-to-business e-commerce marketplace that enables companies in Africa to import and export goods. The platform evolved from a trading company founded by Niama El Bassunie, who recognised the need to find trusted buyers and suppliers acrossthe continent.

WaystoCap became Morocco’s first startup to complete the Y Combinator accelerator programme in San Francisco in 2017, and then went on to raise $3 million in its seed round, with participation from Y Combinator.

Today, the company provides verification, logistics, financing and payments for African businesses and offers goods in ten categories including in fast moving consumer goods (FMCG). WaystoCap recently opened two new offices in West Africa – in Burkina Faso and Togo and is now looking to expand its service to include more countries across Africa.

History
Founded in 2016, by 4 Moroccan entrepreneurs, WaystoCap (W2C) is revolutionizing the way Africa trades by building a marketplace for businesses to buy and sell products. Helping SMEs in the country grow and thrive has been a core ambition since founding the company. W2C is providing SMBs with access to international markets and in turn enabling Africa to develop its international and intra-African trade. W2C provides the full suite of tools importers and exporters need to buy and sell goods on the continent - from product discovery to financing. W2C is present in 4 countries on the continent (Morocco, Benin, Burkina Faso and Cote d’Ivoire) and is growing rapidly.

Funding
In 2017, Waystocap raises $3M in seed funding, The investment comes from Y Combinator, Battery Ventures, Soma Capital, Palm Drive Capital, Amino Capital, Endure Capital, Story Ventures, Lynett Capital, Neon Capital, 4DX LLC, Michael Seibel, Jude Gomila & Pascal Levy Garboua.

The recent fundraising came just after their graduation from the Y Combinator accelerator program.

Awards
WaystoCap Named a Technology Pioneer by The World Economic Forum, it has earned a place amongst the World Economic Forum technology pioneers. Previous recipients include Airbnb, Google, Kickstarter, Spotify, and Twitter.