Wasoko, formerly Sokowatch, a Kenya-based B2B marketplace that offers a BNPL service to retailers, raises a $125M Series B, source says at a $625M valuation (Tage Kene-Okafor/TechCrunch)

Tage Kene-Okafor / TechCrunch:
Wasoko, formerly Sokowatch, a Kenya-based B2B marketplace that offers a BNPL service to retailers, raises a $125M Series B, source says at a $625M valuation  —  Informal retail is king in Africa, with hundreds of billions of dollars of consumer goods are sold through its channels yearly.