Tech Company Financing Transactions

Connect Money Funding Round

Algebra Ventures, DisrupTech Ventures and Lorax Capital Partners joined a $8 million Seed funding round for Connect Money. The financing was announced on 6/24/2024.

Transaction Overview

Company Name
Announced On
6/24/2024
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Seed
Investors

Algebra Ventures (Lead Investor)

DisrupTech Ventures (Lead Investor)

Lorax Capital Partners (Lead Investor)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Cairo, Undisclosed
Egypt
Phone
Undisclosed
Email Address
Not Recorded
Overview
Connect Money is the region's proven expert in providing banking services with over 300,000 issued cards to date. Our goal is to help businesses Connect with cash users through digital payments, instant lending capabilities, and availing access to a network of over 20,000+ marketplace partners.
Profile
Connect Money LinkedIn Company Profile
Social Media
Connect Money Company Twitter Account
Company News
Connect Money News
Facebook
Connect Money on Facebook
YouTube
Connect Money on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ayman Essawy
  Ayman Essawy LinkedIn Profile  Ayman Essawy Twitter Account  Ayman Essawy News  Ayman Essawy on Facebook
Chief Operating Officer
Abdelaziz Sarhan
  Abdelaziz Sarhan LinkedIn Profile  Abdelaziz Sarhan Twitter Account  Abdelaziz Sarhan News  Abdelaziz Sarhan on Facebook
Chief Technical Officer
Wadi Jalil
  Wadi Jalil LinkedIn Profile  Wadi Jalil Twitter Account  Wadi Jalil News  Wadi Jalil on Facebook


 

 

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Where The Data Comes From

Our team works diligently to record tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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