Suplyd was founded to address the challenges faced by HORECA industry in MENA.
Egyptian Startup
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The capital injection will be used to strengthen its operations in Egypt and the MENA region.
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Wadi worked on a number of projects for Microsoft and Daimler before founding Money Fellows in 2016.
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Kenzz aims to deepen e-commerce adoption in Egypt.
- Hot News
Swvl, tech startup led by Egyptian entrepreneur Mostafa Kandil, moves to acquire Mexico’s Urbvan
Swvl is a global provider of transformative tech-enabled mass transit solutions.
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The acquisition comes after the Egyptian startup closed a $3-million pre-Series-A funding round last year.
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Younes explained that the $2.5 million in institutional funding will help the startup build on its success in the region.
- Hot News
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.
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Kandil stated that with the acquisition of Volt Lines, Swvl will be positioned to deepen its presence in Europe.
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Fawry is one of Africa’s leading fintech companies, offering more than 250 e-payment services.