{"id":571524,"date":"2020-05-14T04:25:39","date_gmt":"2020-05-14T04:25:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/14\/digital-lender-shahry-raises-usd-650k-in-pre-seed-funding\/"},"modified":"2020-05-14T04:25:39","modified_gmt":"2020-05-14T04:25:39","slug":"digital-lender-shahry-raises-usd-650k-in-pre-seed-funding","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/14\/digital-lender-shahry-raises-usd-650k-in-pre-seed-funding\/","title":{"rendered":"Digital lender Shahry raises USD 650k in pre-seed funding"},"content":{"rendered":"

<\/a> STARTUP WATCH- Digital lender Shahry raises USD 650k in pre-seed funding:<\/strong> Cairo-based digital lender Shahry<\/a> has secured USD 650k in pre-seed funding from the investment arm of Egbank, the company told MenaBytes<\/a>. The company\u2019s mobile app allows users to apply for virtual credit and use it to purchase products and set-up monthly installment plans with various online stores without leaving the app. Usage has grown by 100% month-on-month since its launch in July 2019 and currently has 15k users, co-founder Sherif ElRakabawy said.<\/p>\n","protected":false},"excerpt":{"rendered":"

STARTUP WATCH- Digital lender Shahry raises USD 650k in pre-seed funding: Cairo-based digital lender Shahry has secured USD 650k in pre-seed funding from the investment arm of Egbank, the company told MenaBytes. The company\u2019s mobile app allows users to apply for virtual credit and use it to purchase products and set-up monthly installment plans with […]<\/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":[8572],"tags":[5135,72,183,125,5134,2380,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571524","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-egbank","tag-enterpriseam","tag-fintech","tag-investment-watch","tag-shahry","tag-speed-round","tag-startups","wpautop","entry"],"acf":{"mongo_id":"70bfebe3-ecc6-4cae-9965-4d296ae55efb","is_powered_by":true,"section_story_id":"47164262-3704-4028-a80b-b59dee6dc915","story_type":"1","photo_url":"","photo_position":"above","related_issue":[571510],"teaser":"","voice_url":""},"yoast_head":"\nDigital lender Shahry raises USD 650k 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\/2020\/05\/14\/digital-lender-shahry-raises-usd-650k-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=\"Digital lender Shahry raises USD 650k in pre-seed funding\" \/>\n<meta property=\"og:description\" content=\"STARTUP WATCH- Digital lender Shahry raises USD 650k in pre-seed funding: Cairo-based digital lender Shahry has secured USD 650k in pre-seed funding from the investment arm of Egbank, the company told MenaBytes. The company\u2019s mobile app allows users to apply for virtual credit and use it to purchase products and set-up monthly installment plans with […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/14\/digital-lender-shahry-raises-usd-650k-in-pre-seed-funding\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-14T04:25:39+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\/2020\/05\/14\/digital-lender-shahry-raises-usd-650k-in-pre-seed-funding\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/14\/digital-lender-shahry-raises-usd-650k-in-pre-seed-funding\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Digital lender Shahry raises USD 650k in pre-seed funding\",\"datePublished\":\"2020-05-14T04:25:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/14\/digital-lender-shahry-raises-usd-650k-in-pre-seed-funding\/\"},\"wordCount\":91,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egbank\",\"EnterpriseAM\",\"Fintech\",\"investment watch\",\"Shahry\",\"SPEED ROUND\",\"startups\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/14\/digital-lender-shahry-raises-usd-650k-in-pre-seed-funding\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/14\/digital-lender-shahry-raises-usd-650k-in-pre-seed-funding\/\",\"name\":\"Digital lender Shahry raises USD 650k in pre-seed funding - 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