عربي

Justyol raises $1 million funding to drive regional growth

Justyol raises $1 million funding to drive regional growth
  • Morocco-based cross-border e-commerce platform Justyol has secured a $1 million funding and financing package.
  • The package includes $400,000 in equity from an angel investor and $600,000 in inventory financing from Danis Group, a Turkish investment firm.
  • 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.
  • Funding will support expansion in Morocco, deeper market penetration, regional scaling, and preparations for a Series A round.

Press release:

Justyol, the pioneering cross-border e-commerce platform transforming digital commerce across North Africa, today announced the successful completion of a $1 million strategic funding and financing package. 

Strategic Angel Investment and Inventory Financing Partnership 

The package was structured with $400,000 in strategic equity investment from a distinguished angel investor, demonstrating strong confidence in Justyol's growth potential and market position. Additionally, Danis Group (danisgroup.com), a major Turkish investment group, is providing $600,000 in inventory financing, enabling Justyol to scale its product offerings and meet growing customer demand across the region. 

The deal was expertly sponsored by Nomadic Minds (https://nomadicminds.co/ ), facilitating this strategic partnership that brings together Turkish financing expertise with North African market opportunities. 

“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.” 

We also acknowledge and thank Earn Rocket Holding for their previous support and continued belief in our mission to transform e-commerce across North Africa. 

Strategic Fund Allocation for Accelerated Growth 

TThe funds will be strategically allocated to drive Justyol's expansion across multiple fronts. The investment will directly support expanding our operational capacity and enhancing our sales capabilities to better serve our growing customer base. A significant portion will be dedicated to comprehensive marketing activities aimed at deepening our market penetration in Morocco. We have established a strong foundation and are focused on consolidating our leadership position. AAt the same time, Justyol will take concrete steps towards expanding into new markets across the region, in full alignment with our strategic vision of becoming the leading cross-border e-commerce platform in North Africa and the broader MENA region.

International Team Driving Regional Growth 

Justyol's success is powered by a dedicated international team spanning multiple markets. Our Turkish team brings deep expertise in e-commerce operations and strategic partnerships, while our Moroccan team provides essential local market knowledge and customer insights that drive our regional expansion. 

Justyol's remarkable performance over the past year demonstrates the company's strong market position and execution capabilities:

  • Customer Base: Over 250,000 active customers, representing significant market penetration 
  • Order Volume: More than 30,000 monthly orders with exceptional 300% year-over-year growth 
  • Strategic Partnerships: Established relationships with leading global platforms including AliExpress and Trendyol. 
  • Logistics Network: Comprehensive coverage through partnerships with Aramex, Cathides, and Colis Privé 
  • Payment Integration: Seamless payment solutions through CMI and Payzone partnerships Looking Forward: Series A Preparation 

Building on this successful $1 million funding and financing package and strong operational momentum, Justyol is actively preparing for a Series A funding round in the near future. The company's proven growth trajectory, expanding market presence, and strong ecosystem support position it well for this next phase of scaling. 

“This milestone package, combining strategic angel investment with Danis Group's inventory financing, provides us with both the capital and operational support to accelerate our expansion across North Africa. Stay tuned for exciting developments as we continue to build the future of e-commerce in the region,” said Ahmed Rashed, Co-Founder & Chief Growth Officer of Justyol. 

“With this new support, we will further strengthen our logistics network to ensure faster, more reliable deliveries across Morocco and beyond,” added Anas Ahmed, Co-Founder and Head of Logistics at Justyol.

Thank you

Please check your email to confirm your subscription.