Erad is a company that provides expansion capital to online enterprises, focusing primarily on startups in the Middle East. It operates an online fund management platform that enables these businesses to connect their sales, marketing, and accounting data. By doing so, Erad facilitates access to non-dilutive capital funding, allowing businesses to secure the growth funding they need without sacrificing ownership. In addition to financial support, the platform offers key insights and analyses that help businesses optimize their operations and increase profitability.
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.
Erad
Pre Seed Round in 2022
Erad is a company that provides expansion capital to online enterprises, focusing primarily on startups in the Middle East. It operates an online fund management platform that enables these businesses to connect their sales, marketing, and accounting data. By doing so, Erad facilitates access to non-dilutive capital funding, allowing businesses to secure the growth funding they need without sacrificing ownership. In addition to financial support, the platform offers key insights and analyses that help businesses optimize their operations and increase profitability.
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.
Rise
Venture Round in 2020
Rise is a wealth management platform designed specifically for migrants, aiming to enhance their financial well-being and create opportunities for a better future. The company believes that wealth encompasses not only monetary assets but also knowledge and the drive to grow. By offering tools and resources, Rise assists migrants in managing their finances effectively while also providing access to skill-building opportunities. Through its services, Rise seeks to improve the lives of millions around the globe by empowering them to take control of their financial journeys.