Egypt Banking for the unbanked: The growth of fintech in Egypt In Egypt, cash is king, even when it comes to salaries. Of the 100 million-strong population, the World Bank estimates that just 10-15 per... Yasmeen Nabil • 19 May, 2019 Fintech finance fawry
Egypt Egypt's XPay raises $250,000 in pre-seed Source: MENAbytes Cairo-based fintech startup XPay has raised $250,000 in pre-seed funding from two angel investors, the startup... News • 17 May, 2019 Fintech cairo
Egypt Cairo-based ArqamFC gets acquired by UK’s StatsBomb Source: MenaBytes Cairo-based sports data startup ArqamFC has been acquired by English football analytics company StatsBomb, the... News • 08 May, 2019 football Statistics acquisition
Egypt Cairo-based Odiggo raises $180,000 in seed funding Source: MenaBytes Odiggo, a Cairo-based ecommerce marketplace for auto spare parts has raised $180,000 as seed funding at the valuation... News • 07 May, 2019 spare parts cars
Egypt In conversation with Mohamed Okasha of Fawry Financial technology (fintech) has been highlighted as one of the ways to bring banking services to the masses. Across the Middle East and... Yasmeen Nabil • 30 April, 2019 Fintech fawry
Egypt In conversation with Sami Al Ahmad of Marj3 For Sami Al Ahmad, applying to study abroad and finding a scholarship was a lengthy and tedious process when the Syrian national was... Yasmeen Nabil • 16 April, 2019 syria cairo startup
Egypt MerQ closes its seed funding round Egypt-based artificial intelligence (AI) company MerQ has closed its seed financing round from Ahmed Kamal Selim, a financial investor,... News • 14 April, 2019 chatbot AI Investment
Egypt Creating a startup ecosystem in Upper Egypt Some 500 kilometres south of Cairo, entrepreneurs in Upper Egypt are attempting to emulate the capital’s thriving startup scene.... Yasmeen Nabil • 14 April, 2019 Upper Egypt starting up Ecosystem
Egypt Pivots and failures: The Wasla Browser story About nine out of every 10 startups in the Middle East fail, yet failure remains to be viewed with disdain. But with each failure comes an... Yasmeen Nabil • 11 April, 2019 Failure failures entrepreneurship
Egypt ArabyAds secures $6.5 million from Equitrust ArabyAds, a performance marketing company, has raised $6.5 million in its Series A round from investment arm of Choueiri group Equitrust,... News • 07 April, 2019 Invesmtment Funding Marketing
Egypt Uber partners up with Egypt’s peer-to-peer car sharing platform Dryve Source: Startup MGZN Egypt’s peer-to-peer car sharing platform Dryve, announces it partnership with Uber Egypt, allowing... News • 07 April, 2019 Investment car Rental
Egypt Egypt’s Brimore raises $800,000 in seed fund Source: Menabytes Cairo-based direct-selling distribution platform Brimore has raised $800,000 in a seed funding round, the startup... News • 02 April, 2019 Distribution manufacturing Investment
Egypt Egyptian e-sports company GBarena raises seed funding Source: Menabytes Giza-based esports and gaming community GBarena has raised seed funding from HIMangel, the startup announced today.... News • 27 March, 2019 E-sports Investment
Egypt Egypt sets up $57 million fintech startup fund Source: ITWeb Africa Fintech startups in Egypt could soon have access to 1 billion Egyptian pounds (approximately... News • 20 March, 2019 Fintech fund Egypt
Egypt Kuwait’s Carriage expands to Egypt, launches in Cairo after onboarding 600 restaurants Source: Menabytes Kuwait-based food delivery startup Carriage has expanded to Egypt, the startup told MENAbytes today, adding... News • 18 March, 2019 food Delivery Expansion
Egypt Algebra Ventures partners with Ezdehar to invest in Dsquares Egypt’s Algebra Ventures has partnered with Ezdehar Management firm to invest in Dsquares, a loyalty solutions provider. The... News • 12 March, 2019 b2c Investment management
Egypt Egypt's growing interest in Africa Toward the end of last year, billboards adorned Egypt’s capital city of Cairo with adverts for Africa-focused conferences and... Yasmeen Nabil • 25 February, 2019 africa African Summit Swvl
Egypt Trella raises more than $600,000 in pre-seed investment Source: Menabytes Cairo-based trucking marketplace Trella has raised over $600,000 in a pre-seed funding round led by Algebra Ventures... News • 24 February, 2019 pre-Seed trucking Shipping
Egypt E-commerce venture Noon expands operations to Egypt Source: Arabian Business Noon, the e-commerce venture operating in the UAE and Saudi Arabia, on Tuesday announced its expansion into... News • 19 February, 2019 E-commerce Expansion
Egypt Uber agrees to pay VAT in Egypt Source: Reuters Uber has agreed to pay value-added tax on its services in Egypt, Egyptian officials said on Monday, a move that may help... News • 19 February, 2019 Uber Egypt VAT
Egypt GoodsMart secures funding from Algebra Ventures in pre-Series B Egypt-based e-grocery company GoodsMart announced that it has secured funding in a pre-Series B round from Algebra Ventures. This... News • 18 February, 2019 Funding Pre-Series B E-commerce
Egypt MINT Incubator MINT Incubator is an EG Bank programme that is managed by Cairo Angels, offering mentorship, workshops, operational perks as well as a... Wamda • 13 January, 2019 Incubator Fintech
Egypt In conversation with Mounir Nakhla of Egypt's Halan Beyond Cairo’s colonial boulevards, the streets in the outskirts of the city tend to be too narrow for cars to pass through. These... Yasmeen Nabil • 09 January, 2019 ride hailing Sharing Economy cairo
Egypt Cairo: the world's test-bed for transportation Last week, Dubai-based ride-hailing app Careem launched an on-demand tuk tuk service in Cairo without any fanfare. The move marked the... Yasmeen Nabil • 07 January, 2019 cairo ride hailing ride sharing