Egyptian fintech startup, HEDG raises new funding in pre-seed round

FinTech Funding News

Cairo-based fintech startup, HEDG, has recently announced that it has secured a significant six-figure pre-Seed funding round from both local and Saudi investors. This funding injection will play a crucial role in advancing HEDG’s mission to revolutionize retirement planning for private workers in Egypt.

Founded by visionary entrepreneurs Ahmed Abdel Moaty and Ahmed Eraqi in July 2022, HEDG aims to disrupt the traditional retirement services industry by offering seamless digital experiences and personalized retirement plans. However, what truly sets HEDG apart is its unwavering commitment to addressing the unique needs of Egypt’s micro, small, and medium enterprises (MSMEs), providing them with alternative savings and investment avenues.

With this substantial investment, HEDG is now poised to introduce a groundbreaking B2B module that will empower businesses of all sizes, from startups to large corporations, to offer robust pension solutions for their employees. By doing so, HEDG not only aims to reshape the financial tech landscape but also foster a new era of financial inclusivity.

The forward-thinking approach of HEDG, coupled with its dedication to transforming retirement services and strategic corporate partnerships, underlines the company’s immense potential to redefine the financial landscape of the Mena region. As HEDG continues to refine its offerings and expand its presence in Egypt, it is on track to become a trailblazing fintech company, charting a new course for the entire region.

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