Proc360
OperatingProcurement platform helping African businesses buy from China safely with supplier verification, escrow payments, inspections and logistics
- Total raised
- $10K
- disclosed
- Last round
- $10K
- Grant
- Rounds
- 1
- Investors
- 1
- on record
About Proc360
Proc360 (Proc360 by Checkit) is a Lagos-based procurement platform that helps African wholesalers and SMEs source products directly from China. It verifies suppliers, holds payments in escrow, inspects goods in China before shipment, and handles freight, customs clearance and delivery. Customers begin on WhatsApp through Ruby, the company's AI procurement assistant. The company says it has teams in Lagos, Accra and Guangzhou, serves traders in Nigeria and Ghana, and earns revenue from trade fees, transaction fees, partner commissions and FX margins. In October 2026 Disrupt Africa reported the company-stated figures of US$750,000 in trade enabled across 4,900 transactions and 2,700 businesses transacting on the platform.
Proc360 funding1 round
Proc360 has raised $10K across 1 disclosed round. The latest is a $10K Grant announced 02 Oct 2026, led by Standard Chartered Foundation.
Who has invested in Proc360
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 02 Oct 2026 | Proc360 Grant | Standard Chartered Foundation | $10K |
Proc360 founders & team
- Fara PopoolaCo-Founder & CEO
- Michael AdisaCo-Founder & CTO
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Frequently asked about Proc360
- Where is Proc360 based?
- Proc360 is headquartered in Lagos, Nigeria.
- Who founded Proc360?
- Proc360 was founded by Fara Popoola (Co-Founder & CEO) and Michael Adisa (Co-Founder & CTO).
- Who is the CEO of Proc360?
- Fara Popoola is Proc360's Co-Founder & CEO.
- How much funding has Proc360 raised?
- Proc360 has raised $10K across 1 disclosed round. Its latest, a $10K Grant, was announced on Oct 02, 2026.
- Who has invested in Proc360?
- Backers include Standard Chartered Foundation.
- What sector is Proc360 in?
- Proc360 operates in Procurement, Supply Chain Management and B2B.