MNT-Halan Raises Approx. US$120M in Funding
MNT-Halan, a Cairo, Egypt-based fintech company, raised approx. US$120m in funding.
Egypt
Vezeeta Raises $40M in Series D Funding
Vezeeta, an Egypt-based healthcare services booking platform in the Middle East and Africa, raised $40m in Series D funding.
Modus Capital Launches First Fund, at $75M
Modus Capital, a New York and Cairo, Egypt-based hybrid venture capital firm, has launched its first regional fund, at USD $75M.
Egypt, CIB Launches Corporate Venture Capital Firm Focused on FinTech
Commercial International Bank (CIB), a Cairo, Egypt-based financial institution, established its corporate venture capital arm.
Digital Healthcare Platform Vezeeta Raises $12M
Vezeeta, an Egyptian digital healthcare platform, raised $12m in Series C funding.
Egyptian VC Firm Algebra Ventures Holds First Close of Maiden Fund, at $40M
Algebra Ventures, a Cairo, Egypt-based venture capital firm, held the first close of its fund focused on backing technology startups, at $40m.
Mobile App Bug Reporting Platform Instabug Raises $1.7M in Seed Funding
Instabug, an Egyptian startup providing a mobile app bug reporting platform, raised $1.7m in seed funding.
dopay Secures $2M in Seed Funding
dopay, a London, UK-based provider of a payroll and cash management service for companies, secured $2m in seed funding. Backers included ACE & Company, Techstars Ventures and a syndicate of angel investors. The company intends to use the funds to launch its services in Egypt and expand into new markets in the Middle East, Africa […]