VentureSouq
VentureSouq is a venture capital firm established in 2013 and headquartered in Dubai, United Arab Emirates. The firm specializes in managing thematic funds with a focus on early-stage technology companies. Its investment strategy encompasses various sectors, including FinTech, ClimateTech, agriculture tech, environmental tech, food tech, enterprise software, health tech, and digital media. With a global portfolio, VentureSouq aims to support innovative startups in the MENA region and beyond.
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.
Erad
Pre Seed Round in 2022
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.
MoneyHash
Pre Seed Round in 2022
MoneyHash provides access to payment and fintech services across the Middle East & Africa with one simple integration.
Dayra
Pre Seed Round in 2021
Dayra is an online financial platform that aims to provide essential financial services to unbanked gig workers and micro-businesses, primarily in Egypt. By leveraging API integration, Dayra enables companies to offer services such as virtual bank accounts, prepaid cards, and access to credit and loans. This approach allows businesses to seamlessly embed financial services into their existing operations, facilitating hassle-free and instant financing for their unbanked workers and customers. Dayra's offerings are designed to be more accessible and cost-effective than traditional lending options, addressing the financial needs of underserved populations.
NymCard is a payment processing platform founded in 2016, with operations based in Abu Dhabi, United Arab Emirates, and a subsidiary in London, United Kingdom. The company focuses on providing a comprehensive online payments solution that enhances user experience, security, and data management. NymCard offers mobile wallet solutions, card issuance and processing, and cloud-based services, allowing financial institutions in Africa and the Middle East to issue innovative digital payment products. By leveraging open APIs and mobile SDKs, NymCard enables clients to provide plastic, virtual, or tokenized cards to users quickly and efficiently, facilitating access to the digital economy. The platform aims to streamline the account opening process and ensure secure online transactions, addressing the challenges of low payment card penetration in its target regions.
Lofty is an online marketplace established in June 2018 by Jerry Chu in Miami, Florida, aimed at simplifying real estate investing. The platform allows users to invest in United States rental properties with low minimum investment amounts, enabling diversification and the potential for daily rental income payouts. Users have the flexibility to list their holdings for sale at any time and participate in property decision-making through voting. Lofty operates on the Algorand blockchain, which is known for its faster transaction speeds and lower fees compared to other popular blockchains. The company’s mission is to make real estate investing as accessible as investing in stocks or cryptocurrencies.
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