Egypt's SETTLE raises $2 million in pre-seed funding to enhance B2B payment automation
- SETTLE secured $2 million in pre-seed funding.
- Funding led by Shorooq Partners with participation from El Sewedy Capital Holding, Acasia Ventures, and Plus VC.
- SETTLE aims to enhance its platform for real-time financial insights.
The emergence of SETTLE represents a significant step towards digitizing B2B financial operations in Egypt, a market that has been slow to adopt modern payment solutions. The platform's focus on automation and real-time insights could greatly enhance operational efficiency for businesses, making it a critical player in the evolving financial landscape.
