Egypt's Connect Money closes seed funding round of $8 million to support expansion
Techpoint Africa | Abdullah Ajibade - Jun 25, 2024
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  • Connect Money has closed its seed funding round of $8 million.
  • The funding will support its expansion efforts in Egypt and Morocco.
  • Connect Money aims to launch new business verticals and become the go-to platform for businesses seeking seamless banking services.
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Connect Money's seed funding round highlights its rapid growth potential and its aim to eliminate pain points for businesses in the financial sector. With its expertise, market knowledge, and cutting-edge technology, Connect Money can greatly enhance accessibility and efficiency in financial services, transforming banking operations and positioning Egypt as a valuable hub for exporting embedded finance services.
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