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Egyptian Fintech Startup Sahl Raises $6 Million in Series A Funding Round

Egyptian Fintech Startup Sahl Raises  Million in Series A Funding RoundThe Egyptian fintech startup Sahl has raised $6 million through a Series A funding round. The startup is set to use the capital raised to strengthen its local operations and fund its expansion into the Kingdom of Saudi Arabia. Sahl’s Strategic Partnerships The Egyptian fintech startup Sahl has raised $6 million through a Series A […]

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Egyptian Fintech Startup Secures $3.5M in Seed Funding Round

Egyptian Fintech Startup Secures .5M in Seed Funding RoundThe Egyptian fintech startup Mnzl plans to enhance its lending technology and expand its operations using the $3.5 million raised in a seed funding round. Co-founder Sameh Saleh said the startup seeks to empower families by providing financial leverage and contributing to broader economic prosperity in the region. Empowering Financially Excluded Egyptian Families The Egyptian […]

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African Fintech Startups Raised $1.45 Billion in 2022 — Sector’s Share of the Continent’s Total Funding Drops

African Fintech Startups Raised .45 Billion in 2022 — Sector’s Share of the Continent’s Total Funding DropsDespite seeing their share of Africa’s startup funding drop from 48.3% seen in 2021 to 43.4% in 2022, fintech still managed to raise 39.3% more capital in 2022 ($1.45 billion) than they did in 2021 ($1.04 billion). Nigeria was again the best-funded country after 180 of its startups raised a combined US$976,146,000 or 29.3% of […]

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