Bumpa secures $4 million in its seed round
Summary
Founded in 2021 by Kelvin Umechukwu and Adetunji Opayele, Bumpa was created after the duo worked together on HostCabal, a web hosting company.As internet usage spreads across the continent, the allure of social commerce grows, particularly for small and medium enterprises (SMEs) across Africa. Mediums like Facebook, Whatsapp, and Instagram help these small businesses attract customers conveniently and with minimal overhead costs. For the 44 million SMEs scattered across Africa, these social media platforms have changed the way they interact with customers.Umechukwu and Opayele got a keen understanding of the social commerce space in Africa while they were creating custom e-commerce websites for entrepreneurs with HostCabal, and with the advent of the lockdown and the consequent slowdown of business for SMEs across the globe, demand for their product grew rapidly. Users can still access Bumpa for free, but they will be limited to only 25 products and 50 orders per month.The social commerce startup space in Nigeria has seen a lot of activity in recent times, with fintechs like Paystack and Flutterwave launching storefronts for small businesses, and startups like Catlog and Simpu all providing solutions for SMEs that want to sell their products online. Kelvin and Teejay have built a sticky product and we are excited to back the team on their mission to reinvent commerce for merchants across Africa.Get the best African tech newsletters in your inbox