Bumpa raises $200k pre-seed to build e-commerce solutions for African merchants
Summary
Bumpa, founded by two notable Nigerian tech ecosystem operators Kelvin Umechukwu CEO and Adetunji Opayele CTO, enables merchants to set up their e-commerce store using their smartphones, without requiring coding skills. Bumpa merchants can accept online and offline payments, manage inventory/products, handle bookkeeping, fulfil orders and track sales, request dispatch riders & engage customers easily, and much more on the go with their smartphones. Since launching in February 2021, Bumpa says it has boarded over 7,000 merchants – like The Ajala Store and Lash Ng – on its platform listing over 30,000 products and recording over $500,000 in processed transactions; the startup is reportedly running at a 50% month-on-month growth rate. “Building the operating system for MSMEs in Africa can be daunting but having the right team, very supportive investors, and the best community of customers makes the work fun to do and a lot easier.” Bumpa’s CEO, Kelvin Umechukwu said while commenting on the funding. According to Adetunji Opayele, the company’s CTO, Bumpa plans to expand into other emerging markets especially in places like Southeast Asia and Latin America in the coming years.
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