A delivery and e-payment platform, Lezzoo aims to become Iraq’s first super-app. Lezzoo delivers food, groceries and even pharmaceuticals in several Iraqi cities. The recently launched Lezzoo Pay seeks to disrupt Iraq’s predominantly cash-based society by bringing digital transactions to a population that is majority unbanked.
Recently, Lezzoo received a pre-seed investment from Silicon Valley’s Y Combinator and is the only Iraqi start-up to be accepted into its accelerator programme. In addition, a frontier market investment firm, Northern Gulf Partners, and California-based Pay It Forward Venture Capital, have led a seven-figure US dollar seed round investment in Lezzoo.
Also read: Start-up funding up 102% in KSA
Commenting on the investments and as Lezzoo aims to become Iraq’s first super-app, founder & CEO, Yadgar Merani said, “We are using technology to solve the biggest logistical challenges in people’s daily lives. This investment will allow us to expand across the country while also rolling out new verticals. By integrating deliveries, transportation, payments, and other services we are on our way to becoming the super-app for Iraqis.”
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