{"id":547134,"date":"2022-06-09T04:17:47","date_gmt":"2022-06-09T04:17:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/09\/consumer-lender-adva-closes-six-figure-round\/"},"modified":"2022-06-09T04:17:47","modified_gmt":"2022-06-09T04:17:47","slug":"consumer-lender-adva-closes-six-figure-round","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/09\/consumer-lender-adva-closes-six-figure-round\/","title":{"rendered":"Consumer lender Adva closes six-figure round"},"content":{"rendered":"

<\/a> Consumer finance startup <\/strong>Adva<\/a><\/strong> closed a USD six-figure seed round <\/strong>funded entirely by Sawari Ventures<\/a>, it said in a statement<\/a>(<\/a>pdf<\/a>)<\/a> yesterday.<\/p>\n

About Adva: <\/strong>Founded in 2020, the startup offers buy-now pay-later (BNPL) financing for services including education and healthcare, and has plans to expand to cover wedding parties, car maintenance, ins. and travel.<\/p>\n

Where the money\u2019s going:<\/strong> The capital will go towards expanding the company\u2019s operations across Egypt and to develop its product and tech stack, CEO Rania Gaafar told Enterprise.<\/p>\n","protected":false},"excerpt":{"rendered":"

Consumer finance startup Adva closed a USD six-figure seed round funded entirely by Sawari Ventures, it said in a statement(pdf) yesterday. About Adva: Founded in 2020, the startup offers buy-now pay-later (BNPL) financing for services including education and healthcare, and has plans to expand to cover wedding parties, car maintenance, ins. and travel. Where the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[9709,72,444,95],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-547134","post","type-post","status-publish","format-standard","hentry","category-startup-watch","tag-adva","tag-enterpriseam","tag-sawari-ventures","tag-startup-watch","wpautop","entry"],"acf":{"mongo_id":"543fc5bf-bfa7-4aca-96dd-834ac58c9e48","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[547124],"teaser":"","voice_url":""},"yoast_head":"\nConsumer lender Adva closes six-figure round - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/09\/consumer-lender-adva-closes-six-figure-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Consumer lender Adva closes six-figure round\" \/>\n<meta property=\"og:description\" content=\"Consumer finance startup Adva closed a USD six-figure seed round funded entirely by Sawari Ventures, it said in a statement(pdf) yesterday. 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