Tag: Egypt
Hollydesk becomes Egypt’s first SME expenses and accounts FinTech to raise...
Egypt-based Hollydesk has collected $325,000 in pre-seed funding, which makes it the first FinTech in the country aimed at managing SME expenses and accounts to raise capital.
Egypt-based MNT-Halan collects $120m to drive international growth
MNT-Halan, a banking platform based in Egypt, has collected $120m in a funding round to help its international growth.
Kashier Payments said to raise a seed investment
Egypt-based Kashier Payments has reportedly closed a seed round led by Glint Ventures.
Paymob secures $3.5m in funding to help bolster financial inclusion in...
Egyptian digital payments company Paymob has secured $3.5m in its funding round, which was led by Global Ventures and Dutch Entrepreneurial Development Bank FMO.
ElGameya secures six-figure investment to support development of group lending solution
Group lending app ElGameya has reportedly bagged six-figure pre-seed investment from an angel syndicate.
Khazna closes seed funding round led by Algebra Ventures
Egyptian FinTech Khazna has announced that it has raised seed money in a new round led by venture capital firm Algebra Ventures.
Central Bank of Egypt reportedly launching electronic KYC services
The Central Bank of Egypt has reportedly finished the testing stage of its electronic know-your-customer (KYC) service.
MoneyGram International signs partnership with Suez Canal Bank
The cross-border payments and money transfers company MoneyGram International will strengthen its grasp of the Egyptian market through its new partnership with Suez Canal Bank.
Health insurance startup SmartCare nabs $1.2m from EAEF
Egypt-based SmartCare, a provider of online medical care programmes, has received $1.2m backing from the Egyptian-American Enterprise Fund (EAEF).
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