Wiz Holding raises seed funding
UAE-based e-commerce enterprise Wiz holding, has raised $2 million in seed funding from undisclosed international investors from the US, Canada and Saudi Arabia.
Wiz Shops is an e-commerce platform that helps small and medium enterprises (SMEs) across the region transform their offline business to online, reach a wider audience and expand their presence. The company said that the platform was established with a vision to support small, medium and large businesses and ensure its continuity during these pressing times while taking advantage of the unprecedented growth witnessed in the e-commerce sphere due to the Covid-19 crisis.