Khazna is a mobile application platform designed to enhance financial services for Egyptians, particularly targeting the 50% of the population who are active smartphone users but lack access to traditional banking. The company offers a range of services, including General Purpose Credit, Buy Now Pay Later (BNPL), bill payment, savings, and insurance. Additionally, Khazna enables employers to provide cash advances to employees for unforeseen emergencies and facilitates seamless transfers and withdrawals without transaction fees. By focusing on digitizing cash transactions, Khazna aims to provide convenient, effective, and secure smartphone-based financial solutions, thereby improving the overall financial landscape in Egypt and potentially beyond.
Paymob is a digital payments enabler based in Cairo, Egypt, founded in 2015. The company specializes in developing online payment software that facilitates the conversion of cash into electronic money, providing integrated payment services that enhance financial accessibility. By offering a range of electronic payment and money transfer options, Paymob aims to empower businesses of all sizes and bridge the financial inclusion gap in the Middle East and Africa (MEA) region. Its technology helps mitigate risks associated with fraud, loss, and theft, while also improving the efficiency of money circulation. Through its innovative solutions, Paymob is committed to enabling underserved communities to access essential financial services.
FlapKap
Seed Round in 2024
FlapKap is a company that offers a revenue-based financing solution tailored for e-commerce and SaaS businesses. It focuses on enabling these companies, particularly in consumer-facing sectors such as retail and restaurants, to enhance their inventory and digital advertising capabilities through quick access to funding. The platform evaluates businesses using a comprehensive approach, analyzing data from various sources including e-commerce sites, advertising metrics, online reviews, payment gateways, point of sale systems, bank accounts, and enterprise resource planning platforms. Additionally, FlapKap employs AI to provide insights that optimize advertising spending, allowing businesses to manage their expenditures effectively while benefiting from flexible repayment terms.
OneOrder is a logistics platform aimed at enhancing the efficiency of restaurants in Egypt. The company provides a streamlined solution that enables restaurants to procure a variety of high-quality products, including fresh produce, custom cuts of meat, seafood, and imported foods that feature diverse global flavors, all through a single application. This platform ensures reliable quality, competitive pricing, and timely deliveries, allowing restaurants to simplify their procurement process while maximizing profitability. By addressing the unique challenges faced in the supply chain, OneOrder aims to transform the way restaurants operate in the competitive food service industry.
Mozare3
Venture Round in 2024
Mozare3 is a startup focused on connecting underserved smallholder farmers with global markets via its agri-fintech platform. It serves over 20 million farmers, providing them access to training programs, market opportunities, and essential supplies like seeds and fertilizers on flexible payment terms. The company facilitates periodic field visits and reports for capacity building and connects farmers directly to agricultural export companies.
OneOrder
Seed Round in 2022
OneOrder is a logistics platform aimed at enhancing the efficiency of restaurants in Egypt. The company provides a streamlined solution that enables restaurants to procure a variety of high-quality products, including fresh produce, custom cuts of meat, seafood, and imported foods that feature diverse global flavors, all through a single application. This platform ensures reliable quality, competitive pricing, and timely deliveries, allowing restaurants to simplify their procurement process while maximizing profitability. By addressing the unique challenges faced in the supply chain, OneOrder aims to transform the way restaurants operate in the competitive food service industry.
Grinta is a pharmaceutical supply chain company focused on modernizing the distribution of medical products across Africa. It operates a managed marketplace that integrates artificial intelligence and machine learning to empower independent pharmacies and enhance their operational efficiency. By collaborating with various stakeholders, including manufacturers, distributors, and wholesalers, Grinta aims to create a data-driven and reliable supply chain. This platform provides pharmacies with a user-friendly experience, allowing them to access a comprehensive range of traceable and trackable pharmaceutical and medical products from multiple vendors. Through its innovative approach, Grinta seeks to improve the overall effectiveness of the pharmaceutical value chain.
FlapKap
Seed Round in 2022
FlapKap is a company that offers a revenue-based financing solution tailored for e-commerce and SaaS businesses. It focuses on enabling these companies, particularly in consumer-facing sectors such as retail and restaurants, to enhance their inventory and digital advertising capabilities through quick access to funding. The platform evaluates businesses using a comprehensive approach, analyzing data from various sources including e-commerce sites, advertising metrics, online reviews, payment gateways, point of sale systems, bank accounts, and enterprise resource planning platforms. Additionally, FlapKap employs AI to provide insights that optimize advertising spending, allowing businesses to manage their expenditures effectively while benefiting from flexible repayment terms.
Partment
Pre Seed Round in 2022
Partment is an online platform designed to simplify the co-ownership of vacation homes, making it easier for individuals to invest in real estate. The company employs a smart booking system aimed at transforming the way people buy and utilize real estate in both local and international markets. By reducing traditional barriers associated with second home ownership, Partment facilitates co-ownership through a special purpose vehicle that owns the property. This innovative approach allows users to share ownership of vacation homes while benefiting from comprehensive property management services, optimizing the use of these assets.
Paymob is a digital payments enabler based in Cairo, Egypt, founded in 2015. The company specializes in developing online payment software that facilitates the conversion of cash into electronic money, providing integrated payment services that enhance financial accessibility. By offering a range of electronic payment and money transfer options, Paymob aims to empower businesses of all sizes and bridge the financial inclusion gap in the Middle East and Africa (MEA) region. Its technology helps mitigate risks associated with fraud, loss, and theft, while also improving the efficiency of money circulation. Through its innovative solutions, Paymob is committed to enabling underserved communities to access essential financial services.
Khazna is a mobile application platform designed to enhance financial services for Egyptians, particularly targeting the 50% of the population who are active smartphone users but lack access to traditional banking. The company offers a range of services, including General Purpose Credit, Buy Now Pay Later (BNPL), bill payment, savings, and insurance. Additionally, Khazna enables employers to provide cash advances to employees for unforeseen emergencies and facilitates seamless transfers and withdrawals without transaction fees. By focusing on digitizing cash transactions, Khazna aims to provide convenient, effective, and secure smartphone-based financial solutions, thereby improving the overall financial landscape in Egypt and potentially beyond.
Lucky is a financial services company that operates an app designed to enhance the shopping experience by providing access to credit products, discounts, and cashback rewards. The app allows users to search for and coordinate their shopping, payments, and savings, offering discounts of up to 50% from a variety of merchants. With a mission to transform the shopping and payment landscape in the Middle East and North Africa, Lucky has successfully connected over six million users since its inception. The platform enables customers to utilize credit services and cashback rewards both in-person and online, facilitating easier access to credit while helping them save on purchases.
Money Fellows is a collaborative group lending and savings platform designed to help individuals access interest-free credit and improve their savings outcomes. The platform allows users to form circles with friends and family, enabling them to contribute to a shared fund and take turns withdrawing the total amount. This innovative approach leverages users' social networks to facilitate financial collaboration, making it easier for individuals to achieve their savings goals while providing access to credit without interest. The service is characterized by its simplicity and efficiency, allowing users to validate their circles within minutes.
Nawy is a real estate platform that streamlines the property buying and selling process through a digital interface. It offers users the ability to browse a wide selection of properties, including houses in gated communities. By integrating top real estate agents with advanced technology and resources, Nawy enhances the search and transaction experience for customers. The platform provides essential information, empowering users to make informed decisions when purchasing a home.