Nigerian startup Bumpa, a one-stop shop for retail traders in Africa, plans international growth after seeing impressive early adoption and pre-seed bank funding.
Launched in February 2021 by Kelvin Umechukwu and Adetunji Opayele, bumpa helps merchants move their business online without the need for programming skills. The platform allows them to create an e-commerce store using their smartphone, accept online and offline payments, manage inventory, manage accounting, fulfill orders, track sales, requesting delivery people and engaging customers.
“Bumpa is a complete business suite for SMEs. We like to think of Bumpa as the Shopify for Africa, built by Africans who have context on issues affecting African retailers,” Opayele said.
“The African market has a gap for non-technical e-commerce solutions, which Bumpa has created. The product has all the tools merchants need to easily manage and grow their online business. »
Early adoption has been impressive. The startup has onboarded thousands of merchants and listed over 30,000 products, and plans to continue growing after get funding in September. Pre-seed funding of US$200,000 came from Green stocks, HOAQ-Club, Whogohost Adventure Arm, Rizq Investment Group, Microtraction, DFS Laboratories, Aidi Ventures, Prosper Otemuyiwa, Oo Nwoye, Makanju perfect and a few other angels. Bumpa aims to reach 200,000 merchants within the next year. It will also expand its team and roll out new features to improve merchant support.
“We plan to expand into neighboring countries in the near future,” Umechukwu said.