Fintech startup - Khazna - raises $38 million to improve financial inclusion for under-banked Egyptians
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Egyptian financial sector has been experiencing an overhaul in the way the unbanked and under-banked citizens get financial inclusion. With about 50%…
Lucky, an Egyptian fintech startup, raises US$25 million in its series A funding round
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Egyptian-based Fintech company, Lucky, has closed a $25 million Series A funding round. Lucky, which was founded in 2018, is a super…
After raising $5m seed fund, Nawy set to introduce mortgage services for pre-owned properties
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Egyptian property technology start-up, Nawy, has positioned itself ready to take the future head-on. This bold move comes after the Cairo-based startup…
Egyptian Ride-sharing Startup - Swvl - to Merge with US-Based Queen's Gambit; Plans to List on NASDAQ
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Egyptian transport start-up Swvl has announced that it would be going into a merger with US-based acquisition company, Queen’s Gambit Growth Capital….
Egyptian Grocery Delivery Startup - GoodsMart - Completes US$3.6m Fundraise
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Cairo-based online grocery startup, GoodsMart has raised US$3.6 million in funding, led by Sawari Ventures. GoodsMart says the funds would be used…
Egyptian e-health startup - Yodawy - raises $7.5m Series B for its digital pharmacy market
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Two years after raising $1million, Egyptian leading e-health and online pharmacy benefits marketplace, has raised $7.5 million in a Series B funding…
DEAL: Egyptian B2B startup raises $40m to accelerate expansion
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MaxAB, Egypt’s leading wholesale food and grocery B2B startup has raised $40 million in Series A funding. MaxAB, founded in 2018, is…
Cairo-based Trucking Start-up - Trella - Raises US$42m in Series A Round
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Trella, an Egyptian trucking startup, has raised $42 million in equity and debt in a Series A round. The total figure raised…