Dutch E-commerce Platform Raises €4.5 Million

By Author: PaySpace Magazine
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Moteefe, a Dutch eCommerce platform, recently raised €4.5 million, and the funds will be used for further expansion of the company’s presence, PaySpace Magazine reported.
The Dutch platform enables influencers and retailers to create custom and personalized merchandise and then sell them around the world. The Dutch company takes care of printing, sales, payments processing, customer service, and fulfillment, charging a commission for every sale.
The platform for on-demand production of merchandise is going to use the money for further expansion worldwide. Also, it plans to launch a number of new products for large retailers, which will allow for scaling of its operations.
Moteefee is a platform founded in 2015, and it currently has 2,500 micro-retailers and entrepreneurs. In 2019, Moteefe was the UK’s fastest-growing e-commerce company with revenue growth of over 9,000 percent between 2015 and 2018.