Egyptian Fintech Lucky ONE Raises USD 3 M
Lucky ONE has secured USD 3 million in funding from Lorax Capital Partners, KEM, DisrupTech Ventures, and other investors. The fintech offers user-friendly credit products, discounts, and cashback rewards that are applicable both in person and online.
Egyptian Fintech MNT-Halan Raises USD 157.5 M For Expansion
MNT-Halan raised USD 157.5 M in capital, with USD 40 M from the International Finance Corporation (IFC). Other investors include Development Partners International, Lorax Capital Partners, and funds managed by Apis Partners LLP, Lunate, and GB Corp.
MNT-Halan raises $157.5 million 17 months after becoming Egypt’s first unicorn
MNT-Halan has secured $157.5 million in a new funding round led by the IFC. The startup's total funding now stands at $677.5 million over the past two years.
Egypt's Connect Money closes seed funding round of $8 million to support expansion
Connect Money has closed its seed funding round of $8 million. The funding will support its expansion efforts in Egypt and Morocco.
