Sympl raises USD 6 mn from Beco, A15, GV: Buy-now-pay-later platform Sympl has raised a USD 6 mn seed round led by VC outfit Beco Capital, with participation from A15 and Global Ventures, according to a statement (pdf). The startup, which made its soft launch in October, will use the proceeds to add new merchants and products to its network.

Simply what does Sympl do? The platform allows debit card holders to buy products and services through its deferred, short-term, no-interest payment plans, helping merchants increase conversion rates.

The startup plans to be accepted at more than 1k stores by mid-2022, up from a current 240 retail and online stores, including Apple reseller Tradeline, hypermarket HyperOne, and jewelry-maker Damas, according to the statement.

IN OTHER STARTUP NEWS-

Patients of EGX-listed Integrated Diagnostics Holdings’ Al Mokhtabar can now access around-the-clock virtual medical advice from medical consultation startup Estshara, according to a statement (pdf). Al Mokhtabar is integrating its services with Estshara under the agreement, said Al Mokhtabar’s operations manager, Manal Abdel Aziz. Patients of the medical diagnostics service will be able to upload their scans and test results on the Estshara and Al Mokhtabar platforms to connect with physicians, the statement read. Estshara raised USD 500k from Egypt Ventures earlier this year.

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