Magaloop is the marketplace for the independent trade channel in the Fast Moving Consumer Goods market. The highly fragmented FMCG market suffers from a complex distribution chain that is for the most part still analog, inefficient, and intransparent. The Magaloop platform serves as the digital backbone for this multi-trillion Dollar market by connecting independent traders, manufacturers, and wholesalers. Magaloop’s technology powers simple and efficient ordering and pricing solutions as well as payment and credit services for the benefit of all stakeholders.
The company was founded by Uwe Hölzer and Michael Högemann. Uwe brings a wealth of experience in wholesale and retail industries with 25 years at CEO level. Among others, he worked for ALDI, Real Hypermarket, Metro Poland, and Metro China. Michael has plenty of startup and founder experience, including online platform DaWanda.