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Shopify, a global e-commerce giant, has emerged as a prominent player in Africa's Series B investment landscape. Notably, their portfolio includes Kudi, a leading Nigerian fintech startup. Shopify's unique approach lies in its focus on empowering merchants of all sizes, providing them with access to cutting-edge e-commerce tools and support. Their investment strategy aligns with Africa's burgeoning e-commerce sector, where Shopify's expertise can catalyze the growth of local businesses.

Shopify's Portfolio in Africa

Shopify has made over 1 notable investments in African startups. Their most recent investment was in Kudi, announced on May 2nd, 2023.
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Shopify's Investment activity in Africa

With over $30M invested in African startups, their latest investment was a Series B round in Kudi, announced on May 2nd, 2023, closing at $30M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Series B
Kudi
NigeriaMay 02, 2023$ 30,000,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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Shopify's Investment Distribution in Africa.

Shopify's currently has Startuup investments spread across the following location(s)

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