After his finance courses, he worked for investment companies in France and Africa. He later chose to dynamise the African education sector with an edtech that has already earned investors’ confidence.
Hamza Faiz (photo) is a Moroccan finance expert and entrepreneur. In 2020, he co-founded Smartprof, a marketplace whose mission is to find the right tutor for every student.
The startup based in Casablanca, Morocco, connects school-aged students with qualified teachers for individual or group tutoring. It aims to become the leading one-stop tutoring platform in North and West Africa, which represent a multi-billion-dollar market when combined.
"We launched Smartprof after noticing that the private educational system was failing in Morocco. We were convinced that every student needs some kind of private assistance to overcome the challenges faced in schools. The private tutoring market is very fragmented; finding a tutor is a nightmare. Additionally, there’s no visibility on pricing, so there was a real need for a tech product that creates a great tutoring experience," Hamza Faiz explained in September 2022.
Earlier in November 2022, his startup had raised pre-seed funding of US$110,000 from Plug and Play, UM6P Ventures, and several angel investors. The funds were provided to help Smartprof expand further in Morocco and West Africa and hire additional developers to improve the quality of the platform.
In July 2022, the startup had already raised US$50,000 for its participation in the third cohort of the Mohamed VI Polytechnic University's Startgate and the Plug and Play Morocco startup competition. Hamza Faiz, the co-founder, and CEO who made it possible is a Sciences Po graduate. He is also a graduate of the University of Warwick, UK.
In 2012, he was an engineering assistant at Georgetown University’s ISIS Center. The following year, he spent two months working as the director’s assistant at the Moroccan National Human Development Initiative. From 2013 to 2014, he was the Manager, market searcher, and strategic adviser of Cœur de Couleur, a defunct wholesaler of hygienic and decorative items. After a summer internship at Casablanca Stock Exchange, he was hired by Canal + as a financial controller in 2015.
The following year, he joined Societe Generale Corporate and Investment Banking for an internship as a Mergers and acquisitions and equity capital markets analyst. In 2017, he also interned as an investment associate at AFIG FUNDS in Dakar. Then, in 2018, he joined BNP Paribas as an M&A analyst before being hired by food delivery company Deliveroo as an operations strategy associate in May 2019. In October 2019, the food delivery company appointed him core performance manager, a position he held until October 2021.
Melchior Koba
