A Cairo-based VC firm that invests in transformative tech companies in Egypt and Africa.
BFREE Closes Growth Round to Accelerate Its Pan-African Distressed Debt Business
BFREE closed a growth round to expand its capacity for acquiring non-performing loan portfolios. AfricInvest led the investment through its Financial Inclusion Vehicle, focusing on advancing financial inclusion in Africa.
Octane Raises $5.2M to Expand Its Fleet Payments Platform Across MENA
Octane secured $5.2 million in a funding round led by Shorooq Partners, Algebra Ventures, and Elsewedy Capital Holding. The startup provides a digital payments and analytics platform specifically designed for fleet operators.
10 Top Investors in Startups in Egypt
Flat6Labs has invested over $85M, supporting 2,000+ entrepreneurs with funding up to $500K. A15 focuses on early-stage tech startups, with significant investments in TPAY and Paymob.
Enza Raises $6.75M Seed Funding to Boost Embedded Payment Solutions Across Africa
Enza raised $6.75 million in seed equity funding. The funding round was co-led by Algebra Ventures and Quona Capital.
Enza Raises $6 Million To Build Payment Infrastructure for Banks Across Africa
Enza raised $6 million in seed funding to build payment infrastructure for banks and fintechs across Africa. The fintech aims to bridge the gap between traditional banks and agile startups by providing essential tools.
