{"id":558980,"date":"2021-01-04T03:51:18","date_gmt":"2021-01-04T03:51:18","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/04\/micro-lending-app-cassbana-raises-usd-1-mn-from-distruptech\/"},"modified":"2021-01-04T03:51:18","modified_gmt":"2021-01-04T03:51:18","slug":"micro-lending-app-cassbana-raises-usd-1-mn-from-distruptech","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/04\/micro-lending-app-cassbana-raises-usd-1-mn-from-distruptech\/","title":{"rendered":"Micro-lending app Cassbana raises USD 1 mn+ from Distruptech"},"content":{"rendered":"

<\/a> Microfinance startup <\/strong>Cassbana has raised USD 1 mn+ in a funding round led by <\/strong>Disruptech<\/strong>, former Fawry CEO Mohamed Okasha\u2019s USD 25 mn fintech fund, the startup said in a statement carried by Al Mal<\/a>. The company says it uses AI to run a behavior-based credit scoring system, which determines individuals and businesses access to credit. It launched its app<\/a> on a trial basis last June, and hopes to attract 1 mn users by the end of 2021, founder and CEO Haitham Nassar (LinkedIn<\/a>) said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Microfinance startup Cassbana has raised USD 1 mn+ in a funding round led by Disruptech, former Fawry CEO Mohamed Okasha\u2019s USD 25 mn fintech fund, the startup said in a statement carried by Al Mal. The company says it uses AI to run a behavior-based credit scoring system, which determines individuals and businesses access to […]<\/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":[1345,72,203,183,311,95],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-558980","post","type-post","status-publish","format-standard","hentry","category-startup-watch","tag-disruptech","tag-enterpriseam","tag-entrepreneurship","tag-fintech","tag-microfinance","tag-startup-watch","wpautop","entry"],"acf":{"mongo_id":"1e358494-86db-4e0f-8011-db7094159878","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[558966],"teaser":"","voice_url":""},"yoast_head":"\nMicro-lending app Cassbana raises USD 1 mn+ from Distruptech - 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\/01\/04\/micro-lending-app-cassbana-raises-usd-1-mn-from-distruptech\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Micro-lending app Cassbana raises USD 1 mn+ from Distruptech\" \/>\n<meta property=\"og:description\" content=\"Microfinance startup Cassbana has raised USD 1 mn+ in a funding round led by Disruptech, former Fawry CEO Mohamed Okasha\u2019s USD 25 mn fintech fund, the startup said in a statement carried by Al Mal. The company says it uses AI to run a behavior-based credit scoring system, which determines individuals and businesses access to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/04\/micro-lending-app-cassbana-raises-usd-1-mn-from-distruptech\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-04T03:51:18+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/04\/micro-lending-app-cassbana-raises-usd-1-mn-from-distruptech\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/04\/micro-lending-app-cassbana-raises-usd-1-mn-from-distruptech\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Micro-lending app Cassbana raises USD 1 mn+ from Distruptech\",\"datePublished\":\"2021-01-04T03:51:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/04\/micro-lending-app-cassbana-raises-usd-1-mn-from-distruptech\/\"},\"wordCount\":90,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Disruptech\",\"EnterpriseAM\",\"entrepreneurship\",\"Fintech\",\"microfinance\",\"Startup watch\"],\"articleSection\":[\"Startup watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/04\/micro-lending-app-cassbana-raises-usd-1-mn-from-distruptech\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/04\/micro-lending-app-cassbana-raises-usd-1-mn-from-distruptech\/\",\"name\":\"Micro-lending app Cassbana raises USD 1 mn+ from Distruptech - 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