Tech Company Financing Transactions
Khazna Funding Round
Aljazira Capital, DisrupTech Ventures and ICU participated in a $16 million Series B funding round for Khazna. The round was announced on 2/4/2025.
Transaction Overview
Company Name
Announced On
2/4/2025
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series B
Investors
Proceeds Purpose
The investment will support its expansion plans as it prepares to apply for a digital banking license in Egypt and expand into Saudi Arabia.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Cairo, Undisclosed
Egypt
Cairo, Undisclosed
Egypt
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of a mobile application platform designed to improve and expand financial services for Egyptians. The company's platform permits employers to offer cash advances to their employees to cover unforeseen emergencies, transfer and receive between users of the application as well as offer cash withdrawals and deposits without any transaction fees, enabling consumers to get access to convenient, effective, and secure smartphone-based financial services.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Omar Saleh
Chief Operating Officer
Omar Salah
Chief Technical Officer
Ahmed Wagueeh
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Where The Data Comes From
We do our best to record tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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