Egyptian fintech startup, Money Fellows, raises $31 million in series B funding
2 Mins read
Mellow Fellows, a fintech company based in Egypt, has completed the first stage of its series B funding round, raising $31 million….
Egypt's MaxAB raises $40 million in its pre-series B funding round
2 Mins read
Egyptian B2B e-commerce and distribution platform, MaxAB, has raised $40 million in its pre-series B funding round. MaxAB said there are about…
Egyptian startup - Flapkap - raises $3.6 million; plans financing for small businesses
2 Mins read
Flapkap, a fintech startup based in Egypt, has raised $3.6 million in seed funding from investors such as QED, Nclude, A15, and…
Egypt's SubsBase raises $2.4 million in its seed funding round
2 Mins read
SubsBase, an Egypt-based startup that help businesses manage their books and business operations (such as invoicing, payments, and notifications), has raised $2.4…
Ad automation platform - Convertedin - raises $3 million to facilitate research and strategic hiring
2 Mins read
Convertedin, an Egyptian ad automation platform, has raised $3 million in its seed round. The round had leading participation from Merak Capital,…
Cairo-based Khazenly raises $2.5m in its Seed Funding round
2 Mins read
Cairo-based on-demand digital warehousing startup, Khazenly, has completed its seed funding round. The startup raised $2.5 million from series of investors. Khazenly’s…
Egypt-based Appetito acquires quick-commerce company - Lamma
2 Mins read
Since the beginning of the COVID-19 pandemic, and the lockdown that came after it, companies running e-commerce and delivery services have become…
The Food Lab, an Egyptian-based cloud kitchen platform, raises $4.5m to push its expansion
2 Mins read
The Food Lab offers full suite of end-to-end services, including cloud kitchen (kitchen as a service), procurements, cooking, delivery, and marketing.
Fintech startup - Khazna - raises $38 million to improve financial inclusion for under-banked Egyptians
2 Mins read
Egyptian financial sector has been experiencing an overhaul in the way the unbanked and under-banked citizens get financial inclusion. With about 50%…