Tag: Egypt

Key MENA FinTech investment stats in Q1-Q3 2023: • FinTech companies in the MENA region raised $428m in Q1-Q3 2023, a 75% drop from the...

Egypt-based Sehatech, a trailblazer in the healthtech sector, recently broadcasted its latest successful venture.

Key FinTech investment stats in the Middle East: • 169 FinTech deal were announced in the region in 2022, a 1.8% drop from 2021 • FinTech...

Egyptian FinTech platform MNT-Halan has secured $400m in funding, making it the largest investment in Egypt and the Middle East over the past 12 months.

FinTech Galaxy, the first central bank-regulated open finance platform in the Middle East, has acquired Egypt-based open banking platform Underlie.

Blnk, a FinTech startup that enables instant consumer credit, has raised $32m across equity and debt funding and securitised bond issuance.

Egyptian FinTech platform MoneyFellows, which offers a mobile-based platform to digitise rotating savings and credit associations (ROSCAs), has closed its Series B funding round on $31m.

Egypt-based money management app Telda has reportedly raised $20m for its seed funding round, as it looks to revolutionise finance in MENAP.

Egyptian FinTech Paymob has raised $50m in a Series B funding round headed by Kora Capital, PayPal Ventures and Clay Point.

Egypt-based credit app Lucky has scored $25m in a Series A round, which it claims is the largest of its type raised by a FinTech in the country.