Tech Company Financing Transactions
Axis Funding Round
Axis closed a $8.3 million Seed investment round on 5/17/2023. Investors included Raba, Sawari Ventures and Tiger Global Management.
Transaction Overview
Company Name
Announced On
5/17/2023
Transaction Type
Venture Equity
Amount
$8,250,000
Round
Seed
Investors
Proceeds Purpose
Axis' platform provides an alternative for these businesses, he says. It helps streamline their payments to employees and suppliers via axisPay mobile wallets.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Cairo, Undisclosed
Egypt
Cairo, Undisclosed
Egypt
Phone
Undisclosed
Website
Email Address
Overview
We believe that small businesses are the backbone of most economies and the heart and soul of our communities. But we know that founders of small businesses face a lot of challenges in running & growing their business - from paying employees, suppliers, and vendors, to accepting payments in a timely and affordable manner. That's why we started axis, a digital banking alternative for small businesses & solopreneurs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jacques Marco
Chief Technical Officer
Ahmed Ragab
Co-Founder
Nada Abdelnour
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We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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