Khwarizmi Ventures

Erad is a company that provides growth capital to online enterprises, particularly startups in the Middle East. It operates an online fund management platform that facilitates connections between businesses and their sales, marketing, and accounting data. This platform offers non-dilutive capital funding, allowing companies to secure necessary financial resources without giving up equity. In addition to funding, Erad equips businesses with valuable insights and analyses that can help enhance profitability and support their expansion efforts.

Khazna operates a mobile application platform designed to enhance financial services for Egyptians, particularly targeting the 50% of smartphone users who lack access to formal financial systems. The super app provides a range of services including General Purpose Credit, Buy Now Pay Later (BNPL), bill payments, savings, and insurance. It also facilitates cash advances for employees to address unforeseen emergencies and allows users to transfer and receive funds without incurring transaction fees. By focusing on digitizing cash transactions, Khazna aims to offer convenient, effective, and secure financial solutions, thereby improving financial inclusion in Egypt and potentially beyond.

‍Soum is reimagining recommence in the MENA region and beyond by building the most convenient, trustworthy, and transparent recommence marketplace, starting with consumer electronics in Saudi Arabia.

Erad is a company that provides growth capital to online enterprises, particularly startups in the Middle East. It operates an online fund management platform that facilitates connections between businesses and their sales, marketing, and accounting data. This platform offers non-dilutive capital funding, allowing companies to secure necessary financial resources without giving up equity. In addition to funding, Erad equips businesses with valuable insights and analyses that can help enhance profitability and support their expansion efforts.

Khazna operates a mobile application platform designed to enhance financial services for Egyptians, particularly targeting the 50% of smartphone users who lack access to formal financial systems. The super app provides a range of services including General Purpose Credit, Buy Now Pay Later (BNPL), bill payments, savings, and insurance. It also facilitates cash advances for employees to address unforeseen emergencies and allows users to transfer and receive funds without incurring transaction fees. By focusing on digitizing cash transactions, Khazna aims to offer convenient, effective, and secure financial solutions, thereby improving financial inclusion in Egypt and potentially beyond.

‍Soum is reimagining recommence in the MENA region and beyond by building the most convenient, trustworthy, and transparent recommence marketplace, starting with consumer electronics in Saudi Arabia.

Brimore is a social commerce platform that connects emerging brand owners with a network of individual distributors, enabling them to market and sell their products via social media. The platform facilitates a parallel distribution channel, allowing small local manufacturers to reach consumers directly through freelance sales agents. By leveraging data analytics, Brimore provides nationwide coverage across all twenty-seven governorates, enhancing the visibility and accessibility of emerging brands in the market. This approach supports local businesses by expanding their sales reach and fostering a community-driven sales model.

Brimore is a social commerce platform that connects emerging brand owners with a network of individual distributors, enabling them to market and sell their products via social media. The platform facilitates a parallel distribution channel, allowing small local manufacturers to reach consumers directly through freelance sales agents. By leveraging data analytics, Brimore provides nationwide coverage across all twenty-seven governorates, enhancing the visibility and accessibility of emerging brands in the market. This approach supports local businesses by expanding their sales reach and fostering a community-driven sales model.

Maqsam is a cloud communication suite tailored for small to medium-sized businesses and enterprises, primarily in the MENA region. It offers a cost-effective alternative to traditional hardware-based communication solutions, allowing businesses to connect with clients through a pay-as-you-go model. Maqsam provides local numbers from over 200 cities worldwide and facilitates high-quality voice calls, SMS, and WhatsApp messaging. The platform is designed to support various sectors, including call centers, logistics, and e-commerce, by offering unlimited outgoing calls, custom reporting, analytics, and APIs. Its seamless integration with over ten popular cloud CRM systems enhances the capability for customer support, enabling organizations to decentralize and optimize their communication strategies globally.

POSRocket, founded in 2016 and based in Amman, Jordan, offers a cloud-based point-of-sale (POS) system designed to replace traditional cash registers. The platform is user-friendly and caters to a diverse range of businesses, including restaurants, boutique shops, coffee shops, bakeries, salons, spas, and dry cleaners. POSRocket's solution helps clients manage and grow their operations by optimizing manpower resources, regulating inventory, and generating various sales reports. This technology allows business owners to monitor their operations in real-time from any device, enabling smarter decision-making and enhanced operational efficiency.

Fatura is a technology platform transforming the fast-moving consumer goods (FMCG) sector in Egypt and Africa since its inception in 2019. It serves as the first application to facilitate the entire FMCG traditional trade cycle, connecting manufacturers and wholesalers directly with retailers. By digitizing the ordering process, Fatura addresses critical challenges within the traditional FMCG framework, while also enhancing retailers' cash flow through the option of on-credit purchasing. The platform utilizes data analytics and advanced AI models to evaluate the creditworthiness of retailers efficiently. With a strong presence in Cairo and Giza, Fatura is positioned to become a leading technology provider in the FMCG industry across the region, helping to correct supply-side inefficiencies and providing valuable market intelligence.

Lean Technologies Limited, founded in 2019 and based in Riyadh, Saudi Arabia, is a FinTech startup that specializes in providing an application programming interface (API) platform for financial data applications. The company's API suite simplifies access to consumer financial data, allowing businesses to navigate the complexities of financial infrastructure with ease. By enabling seamless access to customers' financial information and facilitating instant bank transfers, Lean Technologies aims to enhance the accessibility, transparency, and utility of financial data and payments. This approach fosters a more inclusive and interconnected financial landscape, ultimately benefiting both consumers and businesses.

TruKKer is a technology-enabled truck aggregator founded in 2016 and based in Abu Dhabi, UAE. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by connecting shippers with available trucks in real-time. This integration of supply and demand enhances asset utilization, reduces transportation costs, and provides reliable cross-border services. TruKKer's cloud-based freight solutions offer comprehensive coverage and a full-service portfolio for shippers, carriers, and businesses, leveraging real-time data analytics to ensure transparency and efficiency. The company’s rapid growth has opened up opportunities for data monetization and consolidated procurement, further solidifying its position in the logistics market.

Lyve is a technology products and logistics company headquartered in Abu Dhabi. Through cloud-based platforms and logistics services, Lyve helps facilitate millions of orders every month across multiple industries and is now expanding its solutions to cover order generation, payments, and order management. We power the digital economy with our logistics and technology solutions. From big data to multi-vertical service agents, from instant activation to scalable capacity, what we do continues to go beyond what’s typically considered delivery.