Moroccan e-commerce startup Justyol raises $1m funding to drive regional growth

Moroccan cross-border e-commerce platform Justyol has secured US$1 million in equity and debt funding to support expansion at home, deeper market penetration, regional scaling, and preparations for a Series A round. Founded in 2022 by Ahmed Badran, Ahmed Rashed, and Anas Ahmed, Justyol is a fashion e-commerce marketplace that bridges the gap between the Turkish fashion market and MENA markets. The startup’s US$1 million strategic funding and financing package includes US$400,000 in equity from an angel investor and US$600,000 in inventory financing from Danis Group, a Turkish investment firm. The funds will be strategically allocated to drive Justyol’s expansion across multiple fronts – expanding its operational capacity and enhancing its sales capabilities. A significant portion will be dedicated to comprehensive marketing activities aimed at deepening its market penetration in Morocco, and scaling regionally. “The confidence shown by our angel investor and the strategic inventory financing partnership with Danis Group reflects the broader ecosystem’s recognition of Justyol’s unique position in the market,” said Ahmed Badran, co-founder and CEO of Justyol. “We are building more than just a platform; we are creating the infrastructure that will define the future of cross-border commerce in North Africa, serving hundreds of thousands of customers with unprecedented access to global products at competitive prices.” The post Moroccan e-commerce startup Justyol raises $1m funding to drive regional growth appeared first on Disrupt Africa .