Egypt-based e-commerce infrastructure startup Flextock has secured $12.6 million in Series A funding to expand its merchant growth platform across Egypt and into Saudi Arabia, aiming to help online sellers manage warehousing, delivery, cross-border trade, sales channels, and financing through a single system. The round was led by TLcom Capital with participation from Conjunction Capital, Capria Ventures, Access Bridge Ventures, Foundation Ventures, B&Y Venture Partners, JIMCO, Alter Global, and MSA Capital, the company announced on February 17, 2026.
The new capital will be used to deepen Flextock’s integrated technology and scale operational infrastructure in both markets, positioning the company to support merchants seeking regional expansion amid growing e-commerce demand. By entering Saudi Arabia, the Middle East’s largest consumer market, Flextock is targeting a strategic hub where governments are investing heavily in digital trade and logistics as part of Saudi Vision 2030.
Founded to address fragmentation in emerging-market e-commerce, Flextock as a commerce-enablement platform, infrastructure that powers online stores behind the scenes. Its system combines fulfillment, shipping aggregation, cross-border trade support, marketplace access, and embedded financing, allowing merchants to scale without building costly logistics networks.
The company co-founder and CEO Mohamed Mossaad said merchants in emerging markets struggle with disconnected services across logistics, payments, and capital access, which slows growth. Flextock’s platform, he noted, is designed as a unified operating system that removes those bottlenecks.
Local reporting highlights that the Saudi expansion also underscores rising economic integration between North Africa and the Gulf, where capital-rich markets are seeking technology solutions and entrepreneurial talent from across the region.
Flextock’s product suite includes core fulfillment and inventory management, last-mile delivery aggregation, cross-border trade services, marketplace integration, and data-driven merchant financing, tools designed to help businesses grow sales without heavy upfront investment.
By Cynthia Ebot Takang
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
First Quantum to sell surplus sulfuric acid amid tightening supply Zambia disruptions, Middle East shortages cut sulfur supply...
Campus to train youth in coding, data, and artificial intelligence Backed by Axian Group, France, and the European Union Project supports Togo’s...
Cabinda and Soyo terminals granted to SOGESTER for 20 years Move aims to cut transport costs and increase cargo and passenger traffic Strategy targets...
Revenue climbs 29% in Q1 2026 despite lower production Gold output drops across key mines, except Lafigué Higher gold prices offset volume...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....