PALM Raises Seven-Figure Pre-Seed Round to Revolutionize Goal-Oriented Savings in Egypt
- PALM raised a seven-figure pre-seed round led by 4DX Ventures.
- The startup is developing a goal-oriented savings platform for Egyptians.
- Users can define financial goals such as saving for education or travel.
PALM's innovative approach to savings could significantly impact financial habits in Egypt, especially among the underbanked population. However, the challenge will be in scaling the platform and establishing trust among users to ensure it becomes a go-to resource for financial planning.
