The Fast-Moving Consumer Goods (FMCG) industry has been thriving globally, but in developing countries such as Egypt and many parts of Africa, the traditional trade cycle remains challenging. With Fatura, a technology platform, FMCG manufacturers and wholesalers can connect directly with retailers in a faster, easier way than ever before. Fatura is leading the way in digitalizing the ordering experience and simplifying the traditional FMCG cycle while providing on-credit purchasing to improve the working capital for retailers.
Revolutionizing the FMCG Industry:
Fatura is a startup that was established in 2019 in Cairo, Egypt. The company is committed to transforming the FMCG industry in Egypt and Africa, revolutionizing the traditional trade cycle. The FMCG industry in Egypt and Africa is highly fragmented, with numerous intermediaries between the manufacturers and retailers, leading to inefficiencies and challenges in the supply chain. Fatura’s mobile app connects suppliers with retailers, simplifying the process and reducing intermediaries.
Streamlining the Ordering Experience:
Fatura’s mobile app allows retailers to order inventory instantly from suppliers, eliminating the need for multiple intermediaries. This speeds up the ordering process and reduces the time and costs associated with traditional supply chains. The app also provides real-time tracking, allowing retailers to monitor their orders and track their deliveries, making it easier for them to manage their inventory.
Improving Working Capital for Retailers:
Fatura’s mobile app provides on-credit purchasing to retailers, which helps to improve their working capital. Retailers on Fatura’s platform can purchase on credit and pay back later, making it easier for them to manage their cash flow. Fatura leverages its wealth of data and advanced AI models to assess the creditworthiness of each retailer on its network instantly. This ensures that credit is extended to retailers who can repay their debts, reducing the risk of default.
Expanding Across Egypt and Africa:
Fatura has gained significant traction in Cairo and Giza, and the company is expanding across Egypt and Africa. Fatura is committed to driving growth and digital transformation in the FMCG industry in these regions. The company aims to become the leading technology platform in the FMCG industry across Egypt and Africa.
Fatura is transforming the FMCG industry in Egypt and Africa by simplifying the traditional trade cycle and providing on-credit purchasing to improve the working capital of retailers. With Fatura’s mobile app, suppliers can connect directly with retailers, eliminating intermediaries and streamlining the ordering process. The app provides real-time tracking and creditworthiness assessments to ensure that retailers can manage their inventory and cash flow more effectively. Fatura is committed to driving growth and digital transformation in the FMCG industry and becoming the leading technology platform in Egypt and Africa.
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