ORA Technologies Raises $10M Series A Extension
ORA Technologies raises $10M in a Series A extension led by Azur Innovation Fund to expand its fintech and food delivery super app in Morocco.
ORA Technologies Raises $10M Series A Extension
Moroccan startup ORA Technologies, based in Morocco, has extended its Series A funding round to $10 million. The company, which operates a digital payments business and food delivery platform, has secured nearly $12 million in total funding since its launch in 2023.
Investors
The round was led by Azur Innovation Fund, with participation from various local investors.
ORA Technologies Use of Funds
The company plans to use the new capital to expand its digital payment services and its food delivery platform, Kooul. Additionally, the funding will be used to strengthen last-mile logistics and enhance the cash collection network for its digital wallet services.
About ORA Technologies
Founded in 2023 by CEO Omar Alami, ORA Technologies is building a Moroccan super app that integrates its ORA Cash mobile wallet with its Kooul food delivery service. The company aims to create an ecosystem that simplifies everyday commerce, specifically targeting the digitization of cash-on-delivery payments.
Funding Details
Company Website: https://ora.ma
Company: ORA Technologies
Raised: $10M
Round: Series A Extension
Funding Date: July 12, 2026
Lead Investor: Azur Innovation Fund
Additional Investors: Local investors
Software Category: Fintech
Source: https://techbuild.africa/ora-technologies-10m-moroccos-consumer-fintech/