Meet Islam Shawky, Egyptian fintech founder who secured $50 million for his startup in May
Paymob has facilitated more than 120 million transactions worth more than $324.6 million under Shawky’s leadership.
Egyptian entrepreneur
Egyptian entrepreneur Mohamed Azab’s Grinta secures $8 million in seed funding round
Azab said the startup is excited to have the right investor base that shares its values and vision.
Egyptian entrepreneur Ahmed Sabbah’s Telda secures $20 million from investors
Sabbah ranks among Africa’s top tech founders.
Egyptian entrepreneur Amir Aboul Fotouh’s Mazaya startup raises $5 million to drive expansion plans
Mazaya was founded in December 2021.
Egyptian entrepreneur Mounir Nakhla’s MNT-Halan acquires e-commerce platform, Talabeyah
The acquisition aligns with the fintech firm’s strategic expansion plans as it moves to deliver value.
Egyptian entrepreneur Islam Shawky’s Paymob raises $50 million in round led by PayPal Ventures
Paymob’s total funding since its inception seven years ago is more than $68.5 million.
TFL, an Egyptian cloud kitchen led by Kareem El-Daly, raises $4.5 million in pre-seed funding
TFL was founded in 2020 by El Daly, Ahmed Osman, and Wesam Masoud to deploy technology to assist restaurants.
Egyptian entrepreneur Ahmed Ashour’s Pylon raises $19-million seed round
Pylon was developed with the goal of addressing the $400 billion in losses and uncollected revenue in the distribution of energy and water.
Egyptian entrepreneur Ayman Bazaraa’s Sprints raises $1.2 million to expand tech skills in Middle East and Africa
Sprints was founded in 2019 to bridge the tech talent gap among youths.