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Egypt
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Egyptian Fintech Blnk Raises $37 Million to Bring Credit to the Unbanked
Blnk, which offers point-of-sale loans in three minutes with minimal paperwork, has reached over a million customers — most of whom had never had access to formal credit before
Egypt’s PALM Raises Pre-Seed to Reinvent Goal-Based Saving for the Masses
Egyptian fintech startup PALM has secured an undisclosed pre-seed funding round led by 4DX Ventures, with participation from…
LemFi Expands to Egypt, Tapping Into $29.6B Remittance Corridor
LemFi, the London-based international payments startup, has launched its services in Egypt, targeting the country’s large diaspora and…
Egypt’s Sylndr Raises $15.7 Million To Take On The Used-Car Market
Sylndr, a Cairo-based startup bringing structure to Egypt’s chaotic used-car market, has raised a $15.7 million Series A…
MaxAB-Wasoko Acquires Fatura to Accelerate Africa-Wide E-Commerce Play
MaxAB-Wasoko, Africa’s leading retail e-commerce and supply chain platform, has acquired Fatura, an Egypt-based B2B e-marketplace, from EFG…
Nawy Raises $52M to Scale Its Real Estate Platform Beyond Egypt
Egyptian proptech startup Nawy has raised $52 million in Series A funding led by Partech Africa, bringing its…
Cairo Based Money Fellows Raises $13M to Expand Fintech Access Across Africa
Money Fellows, a Cairo-based fintech startup digitizing traditional savings circles, has raised $13 million in a strategic funding…
Wasoko and MaxAB Appoint Mo Elshenawy, CTO of Cruise, as Independent Board Director and Technical Advisor
Wasoko and MaxAB, Africa’s largest B2B network of informal retailers, has announced the landmark appointment of Mo Elshenawy,…
Telecom Egypt Partners with Nokia To Deploy 5G in Egypt
Nokia has announced a new partnership with Telecom Egypt to deploy 5G technology to consumers in Egypt. Details…
Volkswagen Group Africa Signs New Agreement with Egypt To Develop Assembly Lines
The Volkswagen Group Africa and the Government of Egypt have signed a new agreement to develop a feasibility…