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Xente, Ugandan E-commerce Startup Expands to Nigeria

Tech Gist Africa by Tech Gist Africa
04/02/2019
in Africa, Africa News, News
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Xente, Ugandan E-commerce Startup Expands to Nigeria

Photocredit: xente.com

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Ugandan e-commerce startup, Xente, which allows customers from all over the world to buy products from merchants and pay in installments has expanded services to Nigeria; its first market outside of Uganda.

Founded in 2013, Xente develops tools that enable consumers and African businesses to transact efficiently and safely with each other cashlessly and across platforms. It is a multiplatform digital solution which develops ePayments, e-Commerce, as well as financial solutions.

In a statement, officials said Nigerians will be able to buy airtime with some of the biggest telcos, including Airtel Nigeria, MTN Nigeria, Glo mobile; and pay utilities online through the Xente app using Xente wallet, Visa Card or MasterCard.


See also: Mastercard, Jumia Partners to Expand e-Commerce In Africa


“We are proud to have a second home, nothing makes us happier than to sit in Africa’s fastest growing economy. We are more than happy to provide every Nigerian citizen with a secure, convenient and stress-free online buying experience,” said Xente’s CEO, Allan Rwakatungu.

Xente’s vision is to become Africa’s largest digital commerce and finance company through excellent service delivery of relevant products and services for businesses and consumers. It plans to expand to several other countries by the end of April.

“After Nigeria, Xente shall continue scaling amongst other African countries from Kenya and South Africa to Tanzania before the end of April. We handle our customers with care, which is why we give them value for their money,” said Lyn Tukei, Xente’s Chief Marketing Officer.

 

More on TechGist Africa:

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  • Konga, Nigeria’s E-commerce Joins Intel Retail Accelerators Program
  • Former E-Commerce Platform, Gloo.ng, Now Gloopro, an E-procurement Platform
  • Jumia, African E-commerce Platform Files for IPO on NYSE
  • Instagram Integrates Checkout Feature in its Platform
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