RIYADH: Lebanese-based super app Toters raised $18 million in a series B funding round from International Finance Corporation, March Holding, and B&Y Ventures.
The company began as a food delivery platform before transforming into a super app that offers several services including payment and financial transactions.
Toters will use its newly acquired funds to strengthen its presence in current markets as well as expand its operations in Iraq, according to Wamda.