{"id":555678,"date":"2021-11-23T04:00:06","date_gmt":"2021-11-23T04:00:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/23\/fintech-startup-hollydesk-raises-usd-325k-in-pre-seed-funding\/"},"modified":"2021-11-23T04:00:06","modified_gmt":"2021-11-23T04:00:06","slug":"fintech-startup-hollydesk-raises-usd-325k-in-pre-seed-funding","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/23\/fintech-startup-hollydesk-raises-usd-325k-in-pre-seed-funding\/","title":{"rendered":"Fintech startup HollyDesk raises USD 325k in pre-seed funding"},"content":{"rendered":"

<\/a> Homegrown fintech startup <\/strong>HollyDesk<\/a><\/strong> raised USD 325k in pre-seed funding<\/strong> in a round led by angel investor Faisal Abdel Salam, reports Hapi Journal<\/a>. The company has been looking to close the six-figure USD funding round<\/a> since July, and will use the money to develop the team\u2019s technical capabilities, grow the team and its product offering, and expand elsewhere in the region.<\/p>\n

About the company:<\/strong> HollyDesk<\/a> provides a SaaS tool that offers companies real-time expense tracking and management of receivables and payables through a dashboard to manage their finances. Earlier this year, it teamed up with our friends at CIB to provide rapid collection of funds for employees and company-verified parties through electronic wallets.<\/p>\n

ALSO FROM STARTUPLAND- Three Egyptian startups were <\/strong>chosen<\/a><\/strong> to join <\/strong>Techstars Riyadh<\/a><\/strong> accelerator:<\/strong> Tegarti<\/a>, a cloud-based point of sale and retail management platform, Glamera<\/a>, an app for booking beauty and health services, and Untap<\/a>, an all-in-one software for planning, launching managing, and assessing online innovation and talent acquisition programs. The companies will receive an investment of USD 120k each, along with mentoring. Techstars Riyadh is run in partnership with Saudi Arabia\u2019s CIT Ministry and Raed Ventures<\/a>. The 13-week program began earlier this month and will end in February 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"

Homegrown fintech startup HollyDesk raised USD 325k in pre-seed funding in a round led by angel investor Faisal Abdel Salam, reports Hapi Journal. The company has been looking to close the six-figure USD funding round since July, and will use the money to develop the team\u2019s technical capabilities, grow the team and its product offering, […]<\/p>\n","protected":false},"author":1,"featured_media":555679,"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":[72,183,3177,95,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-555678","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-enterpriseam","tag-fintech","tag-hollydesk","tag-startup-watch","tag-startups","wpautop","entry"],"acf":{"mongo_id":"ce9e7966-d25e-4aeb-b44e-cee7089a49fe","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/11\/560.jpg","photo_position":"above","related_issue":[555667],"teaser":"","voice_url":""},"yoast_head":"\nFintech startup HollyDesk raises USD 325k in pre-seed funding - 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\/2021\/11\/23\/fintech-startup-hollydesk-raises-usd-325k-in-pre-seed-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fintech startup HollyDesk raises USD 325k in pre-seed funding\" \/>\n<meta property=\"og:description\" content=\"Homegrown fintech startup HollyDesk raised USD 325k in pre-seed funding in a round led by angel investor Faisal Abdel Salam, reports Hapi Journal. The company has been looking to close the six-figure USD funding round since July, and will use the money to develop the team\u2019s technical capabilities, grow the team and its product offering, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/23\/fintech-startup-hollydesk-raises-usd-325k-in-pre-seed-funding\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-23T04:00:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/560.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/23\/fintech-startup-hollydesk-raises-usd-325k-in-pre-seed-funding\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/23\/fintech-startup-hollydesk-raises-usd-325k-in-pre-seed-funding\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Fintech startup HollyDesk raises USD 325k in pre-seed funding\",\"datePublished\":\"2021-11-23T04:00:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/23\/fintech-startup-hollydesk-raises-usd-325k-in-pre-seed-funding\/\"},\"wordCount\":212,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/23\/fintech-startup-hollydesk-raises-usd-325k-in-pre-seed-funding\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/560.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"Fintech\",\"HollyDesk\",\"Startup watch\",\"startups\"],\"articleSection\":[\"Startup watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/23\/fintech-startup-hollydesk-raises-usd-325k-in-pre-seed-funding\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/23\/fintech-startup-hollydesk-raises-usd-325k-in-pre-seed-funding\/\",\"name\":\"Fintech startup HollyDesk raises USD 325k in pre-seed funding - 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Proceeds from the round will allow the company to grow its customer base, which focuses particularly on companies with\u2026","rel":"","context":"In "SPEED ROUND: STARTUP WATCH"","block_context":{"text":"SPEED ROUND: STARTUP WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560757,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/fintech-startup-dayra-raises-usd-3-mn-in-pre-seed-funding-round\/","url_meta":{"origin":555678,"position":1},"title":"Fintech startup Dayra raises USD 3 mn in pre-seed funding round","author":"enterpriseam admin","date":"11 March 2021","format":false,"excerpt":"Egyptian fintech startup Dayra has closed a USD 3 mn pre-seed funding round that includes both equity and debt financing, according to a company press release (pdf). EFG EV Fintech, EFG Hermes, Tanmiya Capital Ventures and a number of angel investors all participated in the round, which closed after the\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/171.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":553412,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/02\/raseedi-raises-usd-850k-pre-series-a-investment-bexel-closes-usd-six-figure-round\/","url_meta":{"origin":555678,"position":2},"title":"Raseedi raises USD 850k pre-series A investment + Bexel closes USD six-figure round","author":"enterpriseam admin","date":"2 December 2021","format":false,"excerpt":"Fintech startup Raseedi raised USD 850k in pre-series A funding from Africa-focused Japanese VC firm Samurai Incubate, an undisclosed European investor and existing investors including 500 Global, Falak Startups and EFG-EV, Wamda reports. The company had previously raised USD 400k in seed funding in 2019.About Raseedi: The telecom app launched\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/210.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543904,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/23\/samas-gamify-scores-usd-150k-in-pre-seed-round\/","url_meta":{"origin":555678,"position":3},"title":"Samas Gamify scores USD 150k in pre-seed round","author":"enterpriseam admin","date":"23 February 2022","format":false,"excerpt":"HR tech startup Samas Gamify has raised USD 150k in a pre-seed round led by Softeq Venture Studio, according to a press release. The funding will help the startup develop its product and accelerate the roll out. Its founders hope to release an early version to a select group of\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/336.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596491,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/fintech-startup-nowpay-raises-usd-600k-in-seed-funding\/","url_meta":{"origin":555678,"position":4},"title":"Fintech startup NowPay raises USD 600k in seed funding","author":"enterpriseam admin","date":"29 August 2019","format":false,"excerpt":"STARTUP WATCH- Egyptian fintech startup NowPay has raised USD 600k in seed funding from Silicon Valley\u2019s Endure Capital and 500 Startups, Digital Boom reports. Launched early this year, the startup helps corporate employees in emerging markets access their salaries in advance at any point in the month and manage their\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575289,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/payroll-management-startup-nowpay-raises-usd-2-1-mn-in-seed-funding\/","url_meta":{"origin":555678,"position":5},"title":"Payroll management startup NowPay raises USD 2.1 mn in seed funding","author":"enterpriseam admin","date":"11 October 2020","format":false,"excerpt":"STARTUP WATCH- Payroll management startup NowPay has raised USD 2.1 mn in seed funding from a group of Egyptian, US, UAE and Chinese investors led by Foundation Ventures and Endure Capital, according to a company statement (pdf). BECOCapital, 500 Startups, Plug and Play, 4dx Ventures, MSA Capital, EFG-EV Fintech, and\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=555678"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555678\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/555667"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/555679"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=555678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=555678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=555678"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=555678"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=555678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}