Through its digital infrastructure, Pumpkn aims to make financing more accessible and affordable, lowering the costs for both borrowers and lenders. Farmers and food processors can apply for loans ranging from R5,000 to R5 million and receive funding within 10 days — an expedited process compared to traditional banking channels.

The platform has become a critical asset for hoteliers across more than 30 countries, generating over $100 million in direct revenue since its launch.

The platform boasts over one million cash points of sale, contributing to a 25% increase in payment conversion rates. Encouraged by these results, the company is now planning to open this payments solution to external merchants, with a potential launch before Christmas 2024.

In a major boost for the Moroccan tech ecosystem, KWIKS, an artificial intelligence (AI)-driven...