Close Menu
  • Home
    • News
    • Hubs
    • Startups
    • Events
    • Features
  • Southern Africa
  • West Africa
  • East Africa
  • North Africa
Facebook X (Twitter) Instagram
  • About
  • Contact
  • Advertise
  • Pipeline
  • Research
  • Podcast
Disrupt Africa
  • Home
    • News
    • Hubs
    • Startups
    • Events
    • Features
  • Southern Africa
  • West Africa
  • East Africa
  • North Africa
Disrupt Africa

Moroccan e-signature platform Damanesign raises $450k funding

0
By Tom Jackson on July 14, 2021 News, North Africa

Morocco-based Damanesign, which provides companies with digital trust solutions such as electronic signatures, seals, and timestamps, has raised US$450,000 from the Maroc Numeric Fund II to hone its products and develop its operations.

Founded in 2021 by Zouhair Hamdaoui, Damanesign allows users to sign and have documents signed in total security while guaranteeing their probative value. The startup also offers advanced management of signature transactions. 

It has now raised MAD4 million (US$450,000) in funding in a round led by MITC Capital’s Maroc Numeric Fund II, making it the fifth investment of the fund and the 22nd of the management team of MITC. 

Damanesign plans to use the investment to further develop its digital products and expand its operations.

“The recent adoption of Law 43-20 on digital trust opens the way to widespread and more accessible use of various services, including electronic signature. The COVID-19 crisis has demonstrated the importance for companies, public administrations, and individuals to have end-to-end dematerialised processes, allowing to fluidify transactions of any nature,” said Dounia Boumehdi, managing director of MITC Capital. 

“Our investment is part of this approach to democratising digital trust services by enabling companies of all sizes to take full advantage of the services and ergonomics of Damanesign.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleNigeria’s GreenHouse Lab launches pan-African fintech accelerator
Next Article Egyptian food discovery startup elmenus raises $10m pre-Series C funding round
Tom Jackson
  • Website
  • X (Twitter)
  • LinkedIn

Passionate about the vibrant tech startups scene in Africa, Tom can usually be found sniffing out the continent's most exciting new companies and entrepreneurs, funding rounds and any other developments within the growing ecosystem.

Comments are closed.

DISRUPT AFRICA PODCAST
MOST READ
  • Ghanaian fintech company Zeepay secures $18m debt funding to accelerate expansion posted on May 7, 2025
  • Ghanaian retail-tech startup Tendo secures Renew Capital funding posted on May 2, 2025
  • Lagos-based VC firm Aruwa raises $35m, hits 90% of its Fund II at 2nd close posted on May 2, 2025
  • Nigerian teen tech trio wins global recognition for AI-powered forest monitoring system posted on May 19, 2025
  • Kenyan e-health startup MYDAWA secures undisclosed funding round for expansion posted on May 1, 2025

Newsletter signup

Sign up for our Newsletter

Working.........

Thank you for signing up!

LATEST DOWNLOADS
The African Tech Startups Funding Report 2024
The African Tech Startups Funding Report 2024
Download Now!

Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem 2023
Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem 2023
Download Now!

The African Tech Startups Funding Report 2023
The African Tech Startups Funding Report 2023
Download Now!

Diversity dividend: Female fund managers in Africa – Eloho Omame
Diversity dividend: Female fund managers in Africa – Eloho Omame
Download Now!

Finnovating for Africa 2023
Finnovating for Africa 2023
Download Now!

Diversity dividend: Female fund managers in Africa – The AfricInvest women
Diversity dividend: Female fund managers in Africa – The AfricInvest women
Download Now!
Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem 2023
Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem 2023
Download Now!

Diversity dividend: Female fund managers in Africa – Janngo Capital
Diversity dividend: Female fund managers in Africa – Janngo Capital
Download Now!

The African Tech Startups Funding Report 2022
The African Tech Startups Funding Report 2022
Download Now!

The Kenyan Startup Ecosystem Report 2022
The Kenyan Startup Ecosystem Report 2022
Download Now!

The Nigerian Startup Ecosystem Report 2022
The Nigerian Startup Ecosystem Report 2022
Download Now!

Diversity dividend: Female fund managers in Africa – Alitheia Capital
Diversity dividend: Female fund managers in Africa – Alitheia Capital
Download Now!

Diversity dividend: Female fund managers in Africa – The TLcom Ladies
Diversity dividend: Female fund managers in Africa – The TLcom Ladies
Download Now!

Copyright © 2014-2023 Disrupt Africa. All rights reserved.
  • About
  • Contact
  • Advertise
  • Sitemap

Type above and press Enter to search. Press Esc to cancel.

Go to mobile version