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Infrastructure 
2020 was a good year for Egypt’s fintech scene
Fintech flourished in Egypt in 2020 despite covid-19’s negative impact on funding, writes Citibank’s Vice President of Europe, the Middle…
Micro-lending app Cassbana raises USD 1 mn+ from Distruptech
Microfinance startup Cassbana has raised USD 1 mn+ in a funding round led by Disruptech, former Fawry CEO Mohamed Okasha’s…
Disruptech to acquire minority stake in unnamed fintech startup for USD 500k
STARTUP WATCH- Disruptech to acquire minority stake in unnamed fintech startup: Former Fawry CEO Mohamed Okasha’s USD 25 mn fintech…
Egypt’s Fawry mulls launching emerging tech investment arm in 2021
Egyptian e-payment giant Fawry is considering establishing a new company to invest in emerging technology startups and firms, CEO Ashraf…
Fatura raises USD 1 mn in funding round led by Disruptech
STARTUP WATCH- Egyptian e-payments platform Fatura has raised north of USD 1 mn in its first funding round led by…
Brimore raises USD 3.5 mn in pre-series A investment
STARTUP WATCH- Cairo-based social commerce platform Brimore has raised USD 3.5 mn in a pre-series A funding round led by…
Egyptian fintech fund Disruptech planning to invest 15-18 startups over 3 years
STARTUP WATCH- Fintech fund Disruptech plans to invest an unspecified amount in 15-18 startups over the next three years, founder…
Disruptech fintech fund makes its first investment in two Egyptian companies
STARTUP WATCH- Disruptech makes its first investment in two Egyptian companies: Disruptech, a USD 25 mn fintech fund recently set…
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