Egypt's buy-now, pay-later pioneer has more than doubled its market cap since its blockbuster IPO debut, expanded into Jordan, and posted triple-digit profit growth.
The facility supports scalable digital financial solutions — such as mobile banking, digital credit, and payment platforms — to reach underserved populations, including women, smallholder farmers, and rural entrepreneurs.
Amid the rise of elusive institutional funds targeting African cleantech, startups in the cleantech and climatetech sectors have found a reliable destination in their search for hard-to-come-by funding.
The company previously raised $15.5 million in a Series A round in 2022, backed by investors including Monzo founder Tom Blomfield and Brazilian neobank Nubank.
Egypt's buy-now, pay-later pioneer has more than doubled its market cap since its blockbuster IPO debut, expanded into Jordan, and posted triple-digit profit growth.
