Currently, FMCG products make up over 30% of Tendo's sales volume, and the company sees this figure growing as it capitalizes on Shopa's established network of FMCG distributors.
The debt-free short-term position, combined with a recent acquisition bid, signals a potential turnaround year for Mobius as it seeks a path to long-term sustainability.
Currently, FMCG products make up over 30% of Tendo's sales volume, and the company sees this figure growing as it capitalizes on Shopa's established network of FMCG distributors.
The debt-free short-term position, combined with a recent acquisition bid, signals a potential turnaround year for Mobius as it seeks a path to long-term sustainability.
Originally launched in 2017 across seven African countries, including Côte d’Ivoire, Senegal, Burkina Faso, Guinea, Ghana, Madagascar, and Cameroon, YUP was Société Générale’s attempt to penetrate Africa’s fast-growing mobile payments market.