Sylndr news and trends

Today in Retail: GameStop Increases Its Digital Focus; Fighting Back Against the Rise of Friendly...
Retail // June 02, 2022

Today in retail, Walmart’s eCommerce head refers to its 4,700 stores as “shoppable fulfillment centers.” Plus, online sneaker startup KicksCrew is expanding its reach, Walmart and Gap team up on a home collection for kids and online car marketplaces are spurring profits across the MENA...

Online Car Marketplaces Drive Profits for MENA Startups
Retail // June 02, 2022

With almost 2,000 cars sold daily and nearly 750,000 vehicles sold on a yearly basis, the Egyptian used car market, representing a Gross Merchandise Value (GMV) of about $10 billion, is a very large but fragmented one. According to Omar El Defrawy, co-founder and CEO...

Today in B2B: Regulatory Burdens Are Slowing Digital B2B Payments Transition
B2B Payments // May 23, 2022

Today in B2B payments, Sylndr raises $12.6 million in its latest funding effort, while Amaryllis gets $10 million to accelerate its development. Plus, EVO Payments acquires North 49 Business Solutions for enhanced B2B integrated payment solutions, PayEngine will use its $10 million Series A fundraising...

EMEA Daily: Ted Baker Getting Closer to a Buyer
emea // May 23, 2022

In today’s top stories from Europe, the Middle East and Africa, British fashion retailer Ted Baker says it has narrowed down the possibilities for a potential buyer. Also, Egyptian used car marketplace Sylndr raises $12.6 million, while British global currency provider Sokin expands its partnership...

Interviews & Exclusives
Online Car Marketplaces Drive Profits for MENA Startups

June 02, 2022
With almost 2,000 cars sold daily and nearly 750,000 vehicles sold on a yearly basis, the Egyptian used car market, representing a Gross Merchandise Value (GMV) of about $10 billion, is a very large but fragmented one. According to Omar El Defrawy, co-founder and CEO at Cairo-based used car online retailer Sylndr, the level of […]