Banque Misr
Banque Misr is a prominent commercial bank based in Cairo, Egypt, established in 1920 by industrialist Talaat Pasha Harb. Nationalized by the government in 1960, the bank operates a wide network of branch offices across all Egyptian governorates, as well as currency exchange and work permit offices for foreign workers. Banque Misr offers a comprehensive range of banking services, including current and savings accounts, short-term working capital facilities, syndicated loans, corporate bonds, and mutual funds. Additionally, the bank engages in securities trading, capital raising, letters of credit, project finance, and advisory services. It serves a diverse array of sectors, including industrial supplies, electronics, industrial chemicals, software, media, manufacturing, and e-commerce.
Agel
Pre Seed Round in 2023
Agel is focused on transforming financial services for micro, small, and medium enterprises (MSMEs) by introducing a digital, cashless, and Sharia-compliant B2B payment platform. This platform offers alternative financing options that enable merchants within Agel's network to access industry-agnostic merchandise credit limits. By streamlining transactions between wholesale and retail merchants, Agel aims to empower MSME growth, accelerate financial inclusion, and eradicate the informal economy. The company's initiatives align with the United Nations' Sustainable Development Goals and Egypt's 2030 plan, promoting financial literacy and sustainability in the region. Through these efforts, Agel seeks to redefine the customer experience in financial services and support the economic development of MSMEs.
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