Swvl
Business Ride-hailing Security

Swvl Reports Security Breach, Customer Data Compromised

Swvl, the Egyptian bus-hailing startup, has reported a security breach that exposed the names, email addresses, and phone numbers of

Swvl
Africa Funding Venture Capital

Egyptian Bus Booking Startup, Swvl Raises $42 Million As it Prepares to Launch in Lagos

Swvl, an Egyptian app for booking buses, has raised $42 million as it prepares to debut in Lagos and finalise

Swvl
Business Transport

Egypt’s Leading Bus Booking Startup Swvl Set to Launch Nigeria

Swvl, a Cairo-based bus booking startup is set to launch in Lagos, Nigeria by mid-July with 50 buses. Nigeria will

Capiter
Ecommerce Leadership

Board of Egyptian B2B Ecommerce Startup, Capiter Sacks Founders For Mismanagement

On 6 September 2022, the board of directors of the parent holding company of Capiter Egypt LLC, a Cairo-based B2B

MOOVE CLOSES $20 MILLION FINANCING FROM ABSA
Africa Funding Investment Mobility

Moove Closes $20 Million Financing From Absa

Moove, the world’s first mobility fintech, has secured R300 million (US$20 million) in financing from Absa Corporate and Investment Banking

Fintech Funding Investment Startup

Egypt’s Paymob Secures $50m Series B Investment

Paymob, the Egyptian fintech startup, has raised $50 million funding led by PayPal Ventures, Kora Capital, and Clay Point. The

Telda
Fintech Funding Investment Venture Capital

Egyptian Fintech Startup Telda Secures $5m in Pre-seed Funding Led by Sequoia

Telda, an Egyptian fintech startup, has raised $5 million in pre-seed funding led by Sequoia Capital, with participation from Global

Paymob
Fintech Funding Investment Venture Capital

Paymob, an Egyptian Fintech Startup, Raises $18.5m Series A Funding Led by Global Ventures

Paymob, an Egyptian fintech startup, has raised $18.5 million in a series A round led by Global Ventures. The round

Sawari Ventures
Venture Capital

Sawari Ventures Closes $71m Fund to Invest in Egyptian Tech-driven Companies

Sawari Ventures has announced the closing of the Egypt-based fund with total commitments of USD 30 Million from Misr Insurance Group,

Paymob
Africa Funding Investment

Egypt’s Paymob Raises $3.5m to Grow Merchant Network and Expand Regional Footprint

Paymob, the Egyptian digital payment solutions, has raised $3.5m investments led by Global Ventures and the Dutch Entrepreneurial Development Bank