Founded by Mehdi Khemiri, Favizone is a platform that allows e-merchants to fully exploit new technologies and the potential of big data. Favizon taps into customers’ past preferences and real-time behavior to deliver one-to-one recommendations to sellers across all channels, while also boosting a sellers’ e-commerce website performance. The aim is to match complex big data tools with a simple interface to help e-merchants improve their offers. The service is easy to install, and gathers activity data of each of the customers of Favizone’s e-merchant clients. The clients are then given one-to-one recommendations by Favizone and can choose different actions to push their customers to buy, such as customized recommendations via channels such as e-shop, emails and messaging apps.
Although originally based in Tunisia, Favizone have since opened a subsidiary in the business hub Ill-de-france, which they found easier to expand to in terms of mobility and visas compared to the UAE or the US. The creation of the subsidiary should create about 20 jobs in 3 years and will help the startup to expand its business in Europe.
In May, Favizone was declared the winner of the Tunisian leg of the Seedstars World global seed-stage startups competition and will represent Tunisia at both the Seedstars Global Summit in Switzerland next year and at the Regional Summit in Africa in Rwanda in December. Favizone is aiming to look for funding in France to accelerate Favizone’s growth.
Country: Tunisia Launched: 2016 Category: E-commerce