MoboFree, participant of the Startup Lithuania Roadshow 2013 and the winner of Startup Lithuania Awards 2013 as a growth of the year, raised significant growth funding from Netherlands based eVentures Africa Fund (eVA Fund) in order to expand its local presence in Lagos and Accra, start new offices in East-Africa and for marketing investments.

'To build and grow Africa’s leading mobile ‘scam-free’ market place, where people can buy, sell and swap products with other trusted people’, was the clear mission of Mobofree CEO and co-founder Neringa Kudarauskiene when they launched MoboFree in 2011.Today MoboFree is amongst the largest and most successful mobile social and trusted classifieds platforms in (West) Africa, with over 3 million registered users that generates on average about 65 million page impressions on a monthly base. According to Opera State of The Mobile Web – MoboFree belongs to the Top 8 sites in Nigeria, Top 5 in Zimbabwe and Top 9 in Malawi.

Read more here.