Egypt

Kemitt Expands Egyptian eCommerce Offering with B2B Platform
Kemitt Expands Egyptian eCommerce Offering with B2B Platform
April 25, 2022  |  B2B Payments

Egyptian eCommerce startup Kemitt has unveiled a B2B platform as part of its ongoing diversification beyond its B2C offering, according to a Disrupt Africa report...

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Cash-Back Credit Cards Increase Financial Flexibility, Spending Power of MENA Consumers
Cash-Back Credit Cards Increase Financial Flexibility, Spending Power of MENA Consumers
April 14, 2022  |  Loyalty & Rewards

Like other emerging markets, the Middle East and North Africa (MENA) has one of the largest underbanked populations in the world, with more than 90%...

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Egyptian FinTech App Khanza Lands $38M in Series A
Egyptian FinTech App Khanza Lands $38M in Series A
March 31, 2022  |  Investments

Khazna, a FinTech app aimed at helping Egypt’s unbanked/underbanked residents, has raised $38 million in debt equity in a Series A funding round. As The...

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Egypt FinTech Rewards App Lucky Grabs $25M in Series A Funding Round
Egypt FinTech Rewards App Lucky Grabs $25M in Series A Funding Round
March 21, 2022  |  Investments

Egyptian cash back rewards app Lucky on Monday (March 21) wrapped up a $25 million fundraising round that is the largest Series A funding effort...

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Egypt’s Food Delivery Startup Elmenus Secures Backing from Uber’s Careem
Egypt’s Food Delivery Startup Elmenus Secures Backing from Uber’s Careem
February 28, 2022  |  Investments

Egyptian food-delivery startup Elmenus secured an undisclosed investment from Uber-owned ride hailing and food-delivery platform Careem, which is headquartered in Dubai and operates in over...

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World Bank Backs Egypt’s $50M Venture Capital Program
World Bank Backs Egypt’s $50M Venture Capital Program
February 25, 2022  |  Investments

Egypt’s Minister of Trade and Industry Nevine Gamea, executive director of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), on Friday (Feb. 25) announced...

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MENA cCommerce Platform Zbooni Expands to Egypt
MENA cCommerce Platform Zbooni Expands to Egypt
February 16, 2022  |  International

Connected commerce platform Zbooni has brought its services to Egypt, where the company said it will provide digital commerce tools to the 33.5 million small-...

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Egypt’s eCommerce Platform Brimore Nets $25M for Growth
Egypt’s eCommerce Platform Brimore Nets $25M for Growth
January 31, 2022  |  Investments

Brimore, which calls itself Egypt’s largest social commerce platform, has closed a $25 million Series A funding round, the company announced in a Monday (Jan....

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Multinationals Embrace On-Demand Payroll in MENA
Multinationals Embrace On-Demand Payroll in MENA
January 18, 2022  |  Faster Payments

A staggering 73% of employees rank finances as their number source of stress in life, leading to significant loss of productivity, attrition, absenteeism, presenteeism and...

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