SUC logo
SUC logo

Industry Update

UAE-based tech app Zbooni, which enables retailers to conduct transactions with customers via social media and chat services, has closed its latest funding round of $1.1 million. Zbooni, which said it is handling millions of dirhams of sale transactions per month through its connected chat commerce app, said funding has been committed by Chalhoub Group and B&Y Venture Partners. The app is designed specifically for the needs of retailers in a social first era, helping them convert sale through easy payment with customers via services such as WhatsApp, Instagram and Facebook.

Source: https://www.arabianbusiness.com/banking-finance/422461-uae-social-media-payments-app-zbooni-secures-new-funding