<h1>Press Release: Dabchy Enables Individuals to Monetize Their Wardrobes and Promote Circular Fashion</h1>Renew Capital invests in Dabchy to expand its circular fashion platform across North Africa and the Middle East<a href="https://latest-api.renewcapital.com/uploads/FINAL_Dabchy_Press_Release_4272959b54.pdf">Download Full Press Release</a>TUNIS, Tunisia, February 19, 2025 – <a href="https://www.linkedin.com/company/dabchy/posts/?feedView=all">Dabchy</a>, a peer-to-peer fashion marketplace, is empowering individuals to monetize their wardrobes while promoting circular fashion. The platform enables users to buy and sell clothes within a community-like environment, combining e-commerce with sustainable fashion practices.<figure class="image"><img src="/uploads/Dabchy_Team_Photo_1_0b6a8df687.jpeg" alt="A team photo of Dabchy, an early-stage startup based in Tunisia, now part of Renew Capital's portfolio."></figure>Operating in Tunisia and Egypt, Dabchy is making fashion accessible, affordable and sustainable for everyone. The platform encourages the resale of clothing, which reduces waste and promotes a shift toward more sustainable consumer habits.&nbsp;“Dabchy was created to make fashion more accessible while encouraging sustainable practices,” said <a href="https://www.linkedin.com/in/ameni-mansouri-b56a5b147/">Ameni Mansouri</a>, co-founder and CEO of Dabchy. “Our platform gives individuals the opportunity to extend the life of their clothes, save money and join a community that values fashion and sustainability.”Dabchy stands at the intersection of technology and sustainability by providing an innovative solution for reducing fashion waste. By building a community around circular fashion, Dabchy empowers users to rethink their consumption habits while creating economic opportunities for individuals.“Dabchy is driving a much-needed change in the fashion industry by promoting circular fashion and empowering individuals to monetize their wardrobes,” said <a href="https://www.linkedin.com/in/karim-ben-fadhel-41169580/">Karim Ben Fadhel</a>, investment ecosystem development manager at Renew Capital. “Their community-focused platform makes sustainable fashion more accessible and affordable while contributing to a more conscious and connected future.”With Renew Capital’s investment, Dabchy plans to enhance its platform, grow its user base and expand into new markets.&nbsp;About Dabchy Dabchy is a&nbsp;peer-to-peer fashion marketplace that enables users to buy and sell clothes within a community-driven environment. Visit&nbsp;<a href="https://www.dabchy.com/">www.dabchy.com</a>&nbsp;for more information.

Renew Capital, an early stage venture capital firm in Africa invests in Dabchy.

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Press Release: Dabchy Enables Individuals to Monetize Their Wardrobes and Promote Circular Fashion

<h1>Press Release: Konnect Makes Digital Payments in North Africa a Breeze</h1>Renew Capital has made its inaugural investment in Tunisia by investing in Konnect, a secure and scalable payment gateway that promotes financial inclusion and innovation.<a href="https://latest-api.renewcapital.com/uploads/2024_12_3_FINAL_Konnect_Press_Release_524e47f565.pdf" target="_blank" rel="noopener noreferrer">Download Full Press Release</a>TUNIS, Tunisia, December 3, 2024&nbsp;— <a href="https://www.linkedin.com/company/konnect-networks/">Konnect</a> is a payment gateway pioneering digital payment solutions in North Africa, authorized by the Central Bank of Tunisia. Their platform offers seamless payment links, e-commerce plugins and a robust API designed to cater to businesses of all sizes. Konnect's services are tailored to enhance the online payment experience, ensuring quick, secure and efficient transactions that support business growth and simplify e-commerce interactions. With a commitment to improving financial accessibility, Konnect serves as a crucial partner for digital commerce in the region.<figure class="image"><img src="/uploads/Image_20241129_104602_564_d4a5b90765.jpeg" alt="Konnect team photo, marking Renew Capital's first investment in Tunisia, an early-stage venture capital firm in Africa focused on supporting tech startups and innovation."></figure>Konnect’s platform makes it easier for users to manage their finances digitally. By offering services tailored for the unbanked, Konnect is addressing key barriers to financial access while helping businesses optimize their payment systems. Through key partnerships, including a strategic collaboration with VISA, Konnect is driving the region’s shift toward digital payments, making secure and efficient financial services accessible to more people.“We’ve built Konnect to make digital payments more accessible, secure and user-friendly,” said <a href="https://www.linkedin.com/in/aminbenab/">Amin Ben Abderrahman</a>, founder of Konnect. “Our platform supports both individuals and businesses, allowing them to manage their payments with ease. We’re excited to continue expanding across North Africa and providing innovative financial services that cater to the needs of underserved communities.”Konnect’s platform also includes advanced fraud detection and remote onboarding. By leveraging the latest technologies, the company is playing a crucial role in modernizing the financial infrastructure in North Africa.“Konnect is setting a new standard for digital payments in the region,” said <a href="https://www.linkedin.com/in/karim-ben-fadhel-41169580/">Karim Ben Fadhel</a>, investment ecosystem development manager at Renew Capital. “Their platform not only simplifies financial transactions but also opens doors for greater financial inclusion. We’re proud to support Amin and his team as they lead the way in expanding access to secure and scalable payment solutions.”Renew Capital remains committed to investing in entrepreneurs who offer innovative and scalable solutions that drive financial inclusion and economic growth across Africa.

Renew Capital has made its inaugural investment in Tunisia by investing in Konnect, a secure and scalable payment gateway that promotes financial inclusion and innovation.