Invia raises USD 1.2 mn and Pullman to make its Egyptian debut

Invia raises USD 1.2 mn

SME finance startup Invia secured USD 1.2 mn from angel investors and strategic backers to expand its financial operating system for SMEs, according to a press release. Founded in 2023 by former Beltone SME executives Yehia Ashour, Ahmed Zeinhom, and Omar Aboulmagd, Invia’s platform automates daily bookkeeping and inventory management through simple inputs like voice notes and text messages. The platform aims to eliminate the need for expensive enterprise resource planning systems for smaller businesses.

Pullman is going to the NAC

Contact Developments has brought in global hospitality player Accor to operate a 150-room Pullman hotel and 100 branded residences in the New Capital, according to a press release (pdf). It’s the first time the Pullman brand will toll-out in Egypt.