Tesh Mbaabu and Mesongo Sibuti, co-founders of shuttered Kenyan B2B e-commerce startup MarketForce, are to launch a new digital banking platform called Cloud9. Mbaabu and Sibuti are best known as founders of MarketForce, which began life in 2018 as a sales force automation software company, but soon pivoted to operate a B2B retail marketplace, RejaReja, [...] The post Founders of Kenya’s MarketForce to launch new digital banking platform appeared first on Disrupt Africa.| Disrupt Africa
Chpter co-founders Tesh Mbaabu and Mesongo Sibuti have stepped down from daily operations, returning control to original CEO Mark Kiarie.| TechCabal
Out of crisis comes opportunity. Remember that many great companies have risen from the ashes of distressed periods. Google, SalesForce, and Facebook were started just before a period of financial stress. Uber, Venmo, Slack, Airbnb, and Pinterest all emerged from the 2008 financial crisis. There are advantages to building in a less heated economy: hiring great talent gets easier, there is less “dumb” competition purely fuelled by capital, one learns to think smarter to build an edge into ...| teshmbaabu
MarketForce, a Kenyan startup, has launched Chpter, a social commerce platform, following the shutdown of RejaReja, its B2B eCommerce platform, due to profitability issues. This move comes over two years after raising $40 million in Series A.| Techpoint Africa