Egypt

Egyptian eCommerce Platform Homzmart Raises $23M
Egyptian eCommerce Platform Homzmart Raises $23M
August 02, 2022  |  Investments

Egypt-based eCommerce platform Homzmart has closed a Pre-Series B round of $23 million. The round included participation from STV, Impact46, Outliers Ventures, Rise Capital and...

READ MORE >
Startups Use Tech Innovation to Move the Needle on Financial Exclusion in Egypt
Startups Use Tech Innovation to Move the Needle on Financial Exclusion in Egypt
July 26, 2022  |  Financial Inclusion

Financial exclusion is a broad category that can range from an inability to access banking services to cultural, economic, and infrastructural barriers to the adoption...

READ MORE >
B2B Marketplace Cartona Raises $12M for Expansion
B2B Marketplace Cartona Raises $12M for Expansion
July 25, 2022  |  Investments

Cartona, an Egyptian B2B eCommerce marketplace for the fast-moving consumer goods (FMCG) space, has raised $12 million in Series A funding. According to a Monday...

READ MORE >
Egyptian Blockchain Company Remooz Launches Smart NFT Marketplace
Egyptian Blockchain Company Remooz Launches Smart NFT Marketplace
July 17, 2022  |  NFTs

Egyptian blockchain provider and NFT market Remooz on Saturday (July 16) rolled out a soft launch of a non-fungible token (NFT) marketplace called Minimum Viable...

READ MORE >
Hollydesk Debuts BNPL Option for Egyptian SMBs
Hollydesk Debuts BNPL Option for Egyptian SMBs
June 30, 2022  |  BNPL

Cairo-based FinTech Hollydesk announced on Thursday (June 30) a buy-now-pay-later (BNPL) option that lets its small business customers pay vendors over a 30-to-90 day period....

READ MORE >
HSBC Egypt Offers Financing Options for Green Purchases
HSBC Egypt Offers Financing Options for Green Purchases
June 19, 2022  |  Banking

HSBC Egypt has debuted a green personal finance program for Egyptian customers, a press release says, helping the bank support clients working towards a goal...

READ MORE >
EMEA Daily: Israel’s Perimeter 81 Reaches Unicorn Status
EMEA Daily: Israel’s Perimeter 81 Reaches Unicorn Status
June 06, 2022  |  emea

In today’s top stories from Europe, the Middle East and Africa, Israeli cybersecurity company Perimeter 81 reaches a valuation of $1 billion after a $100...

READ MORE >
Egyptian B2B eCommerce Shipper ShipBlu Partners With Location Tech Provider What3words
Egyptian B2B eCommerce Shipper ShipBlu Partners With Location Tech Provider What3words
June 05, 2022  |  Partnerships

Egyptian eCommerce shipping company ShipBlu is partnering with what3words, a location technology company, to help ensure shipping accuracy and efficiency, the companies announced in a...

READ MORE >
Online Car Marketplaces Drive Profits for MENA Startups
Online Car Marketplaces Drive Profits for MENA Startups
June 02, 2022  |  Retail

With almost 2,000 cars sold daily and nearly 750,000 vehicles sold on a yearly basis, the Egyptian used car market, representing a Gross Merchandise Value...

READ MORE >