Cairo-based Nawy, Africa's largest proptech platform, which combines property listings with brokerage services, raised a $52M Series A led by Partech Africa
For decades, buying property in Egypt meant navigating a fragmented real estate market, relying on personal networks …
Cairo-based Money Fellows, which digitizes money circles or rotating savings and credit associations, raised a $31M Series B, bringing its total funding to $37M
Egyptian fintech Money Fellows has raised $31 million in what it describes as the first close of its Series B investment.
Cairo and Dubai-based ride sharing startup Swvl plans to cut 32% of its workforce, or 400 people, after going public via a SPAC merger in March 2022
Bloomberg :
Cairo-based Sylndr, which is building an online used car marketplace, raises a $12.6M pre-seed led by RAED Ventures and plans to launch in Q4 2022 or Q1 2023
Tage Kene-Okafor / TechCrunch :
Cairo-based Khazna, a “financial super app” that offers BNPL services and more, raises a $38M Series A in debt and equity led by Quona Capital
Tage Kene-Okafor / TechCrunch :
Cairo-based Capiter, which offers a B2B service for manufacturers to distribute products and merchants to access them, raises $33M Series A
Tage Kene-Okafor / TechCrunch :
Cairo and Dubai-based Swvl, a bus-hailing and ridesharing provider in emerging markets, plans to go public in the US in a SPAC merger at a valuation of ~$1.5B
Cairo and Dubai-based ride-sharing company Swvl plans to go public in a merger with special purpose acquisition company Queen's Gambit Growth Capital, Swvl said Tuesday.
Swvl, a two-year-old Cairo-based startup that makes an app for booking buses, raises $42M, bringing its total raised to ~$80M
MENAbytes :