Egypt
Fintech Galaxy acquires Egyptian Open Banking platform, Underlie
UAE-based Fintech Galaxy, the first Central Bank-regulated Open Finance platform in the Middle East, announced the acquisition of Underlie, an Egypt-based Open Banking platform offering APIs to banks ...
ITIDA partners with 500 Global to boost Egypt’s startup ecosystem
Egypt’s IT Industry Development Agency (ITIDA) is partnering with 500 Global, one of the world’s most active venture capital firms, to bring the latter its range of programs to Cairo with the strategi...
aiBANK launches campaign for SME finance in Egypt
aiBANK recently announced the launch of a campaign titled “Financing That Moves You 100 Strides Forward” to raise awareness for its latest financing product. The Bank’s new product aims to provide SME...
Egyptian startup, MaxAB raises $40m in pre-Series B equity round
MaxAB, the food and grocery B2B e-commerce and distribution platform, serving a network of traditional retailers across Egypt and Morocco, has announced the close of a $40m pre-series B equity round t...
Egypt based Gaming platform Cryptyd Inc secures new funding round
Egypt-based Gaming platform, Cryptyd Inc has secured new funding round from existing and new investors. Proceeds from the new round will be used to support marketing costs of the company’s flags...
Egyptian startup, CardoO attracts $660,000 in seed round
Egyptian startup, CardoO has managed to attract $660,000 in its seed investment round that was led by The Alexandria Angels and supported by Sofico Investments, angel investors from Saudi Arabia, and ...
Cairo-based medical startup, 5 Quarters raises seed funding
Cairo-based medical startup “5 Quarters” has raised seed funding from a Saudi angel investor. The company founded in 2016 by Mohamed Salah and Noha Emad, started as a medical and dental co...
UAE-based fintech Tabby expands into Egypt
Tabby, the Middle East’s leading payments and shopping app, announced its launch in Egypt, enabling shoppers to pay over time without any interest or fees. Tabby works with multiple brands including L...
Flat6Labs and SANAD launches new agritech accelerator in Egypt
Flat6labs, the region’s leading seed and early-stage venture capital firm, in collaboration with SANAD Entrepreneurship Academy, launched an agritech accelerator program to assist 10 to 12 startups in...