Egypt Volanews

EGYPT Startups FINTECH

Egypt’s MoneyFellows Raises $4 million Series A to Expand Its Digital Money Circles Platform to Africa MoneyFellows has digitized the concept of money circles (ROSCAs) which are commonly known as gam’eya in Egypt and other Arab countries, through its online platform.

by MENAbytes

2020-06-23

EGYPT PROP-TECH Startups

Egypt’s Sakneen Gets Y Combinator’s Backing for Its Online Real Estate Platform Sakneen is building an online real estate platform that will make it easier for developers, agents, and individuals to buy and sell properties mainly homes.

by MENAbytes

2020-06-17

EGYPT Startups Medicine Delivery Platform

Egypt’s Chefaa Raises Seven-Figure Pre-Series A for Its Online Pharmacy Marketplace Chefaa connects patients and pharmacies, enabling chronic patients to schedule, order, and refill their recurring prescriptions as well as other non-pharmaceutical products from pharmacies, through its web or mobile apps.

by MENAbytes

2020-06-16

EGYPT Mental Health Platform Startups

Egypt’s Shezlong Gets Fresh Funds to Expand Its Mental Health Platform Shezlong enables users to find and speak to licensed psychiatry therapists through its web-based platform.

by MENAbytes

2020-06-08

EGYPT Entrepreneurs Community EYouth

Egypt’s EYouth Raises USD180K in SEED Funding from EdVentures EYouth aims at empowering youth, especially in Egypt’s different governorates, by them with diversified training programs in entrepreneurship, employability and personal skills enhancement, and community development.

by Magnitt

2020-05-21

EGYPT Social Commerce Startups

Egyptian End-to-End Distribution Platform Brimore Raises $3.5m Brimore said it had enabled tens of thousands of social sellers in all 27 governorates across Egypt to start and grow their businesses with zero initial capital.

by ventureburn

2020-05-14

EGYPT FINTECH Startups

Egypt-based Online Lending Startup Shahry Raises $650,000 in Pre-Seed The company further claims to have recently seen an uptick in demand and achieved more than 100 per cent month-on-month growth.

by Wamda

2020-05-14

EGYPT Startups INVESTMENT

Cairo-based Mobility Startups Swvl Raises over $20 Million in New Funding Round Swvl connects commuters with private buses on its network, allowing them to book the rides through its app and pay using a credit card or cash.

by MENAbytes

2020-05-09

EGYPT BLOCKCHAIN Cybersecurity

Pravica, Blockchain Email Service Provider Raises US$500,000 Pre-Seed Round led by 500 Startups The platform based on Blockchain technology which guarantees the highest security standards for corporates communicating via emails and other communication tools.

by magnitt

2020-05-06

EGYPT Startups FOODTECH

Egyptian Foodtech Mumm Raises Investment from Alex Angels Through the service, the startup partners with companies to offer ‘nutritious meals’ at discounted rates to its employees.

by MENAbytes

2020-04-26

EGYPT Startups FUNDING

Disruptech, the Egyptian fintech fund founded by Fawry’s former MD invests in Khazna & Brimore The firm did not disclose the exact size of investments but has told that each one of them is a six-figure USD deal.

by MENAbytes

2020-04-21

EGYPT FINTECH Fawry

Mohamed Okasha steps down as Fawry’s managing director to launch $25 million fintech fund The fund will invest in Egyptian fintech startups across different stages.

by MENAbytes

2020-03-27

EGYPT Information Security SecureMisr

SecureMisr acquired by Cysiv, a Trend Micro Group Company SecureMisr is a leading cyber security services provider, based in Cairo, Egypt and serving clients across the Middle East and Africa.

by magnitt

2020-03-25

EGYPT MARKETING Argineering

Argineering raises $400,000 for Its AI-powered interactive design lab After making waves in Europe, Argineering closes its seed round to develop a new AI and data driven feature.

by magnitt

2020-03-13

EGYPT FINTECH Khazna

Cairo-based Khazna raises seed funding to provide mobile financial services to underbanked Egyptians Khazna aims to provide mobile financial services to over 20 million underbanked Egyptian who it says are active smartphone users but have little access to formal financial services.

by MENAbytes

2020-03-09

EGYPT SaaS Garment IO

Egypt’s Garment IO raises $450,000 to help garment factories improve their productivity with real-time data The startup said that it offers both hardware and software as a service for a fixed fee per machine per month.

by MENAbytes

2020-02-27

EGYPT CUSTOMER SERVICE Bosta

Bosta lands 7-figure Series A investment from DPDgroup and Fawry Bosta leverages technology to empower and enable e-commerce businesses in Egypt, with the aim of being a one-stop-shop for delivery solutions.

by magnitt

2020-02-17

JORDAN FINTECH Liwwa

Amman-based Liwwa raises $6 million to fuel growth of its SME lending marketplace in Jordan and Egypt Liwwa plans to use the investment to fuel its growth in both Jordan and Egypt, the markets it Liwwa says in dire need for capital investment.

by MENAbytes

2020-02-14

EGYPT CUSTOMER SERVICE Elmenus

Egypt’s Elmenus raises $8 million Series B to expand further into food delivery Founded in 2011 by Amir Allam, Elmenus (as its name suggests) had initially started as a food discovery platform with the aim to help users discover restaurants and menus online.

by MENAbytes

2020-02-04

EGYPT Homzmart E-COMMERCE

Homzmart, an Egyptian-based online home furnishing marketplace raises $1.3M Seed Homzmart aims to focus on the home furnishing sector in MENA region.

by magnitt

2020-02-04