Egyptian fintech startup Kashat raises $1.75m bridge funding round

BY TOM JACKSON Egyptian fintech startup Kashat has raised a US$1.75 million bridge funding round to further develop its platform and expand operations. Founded in 2019 by Sumair Farooqui and Karim Nour, Kashat is the first nano lending mobile application in Egypt, offering…

Egyptian fintech startup MoneyHash raises 6-figure pre-seed funding round ahead of launch

BY TOM JACKSON Egyptian fintech startup MoneyHash, which uses a universal API and a unified checkout experience to help businesses consolidate and grow their payments and financial tech stack, has closed a six-figure US dollar pre-seed funding round to launch its…

Egyptian fintech startup Paymob completes $18.5m Series A funding round

BY TOM JACKSON Egyptian digital payments provider Paymob has closed its Series A funding round at US$18.5 million, funds it will use to expand its product and scale regionally. Founded in 2015 by Islam Shawky, Alain El Hajj and Mostafa Menessy, Paymob is…