RIYADH: South African point-of-sale hardware and software startup Qwili has raised $1.2 million in a seed round led by venture capital firm E4E Africa.
The company offers a near-field communication or NFC-enabled smartphone and digital sales solution by turning users' phones into POS devices to enable them to sell more services, according to MAGNiTT.
Founded in 2019, the company will use its funding to expand its team, as well as boost its product development to introduce more offerings.
