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Food platform Koinz raises USD 4.8 mn in seed round
Egypt’s crowded online ordering segment just got a new competitor as delivery-turned-loyalty and engagement app Koinz reported raising a USD…
Foundation Ventures aims to invest EGP 30 mn this year from inaugural fund
VC firm Foundation Ventures is planning to invest around EGP 30 mn this year from its inaugural Egypt-focused fund, managing…
1 Trolley among the prizewinners in EBRD’s startup innovation challenge
Egyptian pick-up and delivery platform 1Trolley is the only MENA business among the prizewinners of the European Bank of Reconstruction…
MoneyFellows has its eyes on regional expansion
Egyptian fintech startup MoneyFellows has plans to expand its services to other MENA countries in the coming period, founder and…
Traders can now invest in Azimut mutual fund via Thndr
Egypt’s answer to Robin Hood just rolled out a mutual fund on its platform: Users of zero-commission stock trading app…
MENA startups break records in 2020 with 256 active investors
A record number of venture capital investors provided finance to MENA-based startups last year, despite the disruption caused by the…
Egypt’s startups got a covid boost
Covid has been a boon for Egypt’s startups, but there’s still much to be done by way of legislative and…
What we’re tracking on 17 February 2021
Good morning, wonderful people, and welcome to a cold late-week morning. THE BIG STORY AT HOME: Cabinet is preparing a…
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