Local fintech Flend raises USD 3 mn seed round to fund national expansion
The equity round was led by Egypt Ventures
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The equity round was led by Egypt Ventures
Across the MENA region, VC funding rose 92% y-o-y to USD 1.5 bn
The startup will use the fresh funds to accelerate customer acquisition and expand product use cases
The funding round was led by Shorooq Partners, Algebra Ventures, and SC Holdings
The fresh funds will go towards driving the startup's expansion ambitions
The World Bank and MSMEDA are sponsoring the initiative
The round was led by Development Partners International via its Nclude Fund
The round was led by Ayady for Investment and Development
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