Tech Company Financing Transactions
Lucky ONE Funding Round
Lucky ONE closed a $3 million funding round on 8/7/2024. Investors included DisrupTech Ventures, KEM and Lorax Capital Partners.
Transaction Overview
Company Name
Announced On
8/7/2024
Transaction Type
Debt
Amount
$3,000,000
Round
Undisclosed
Proceeds Purpose
With this funding, the fintech also aims to enhance its path to profitability by the first quarter of 2025.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Building 12 A Kilo 28 Floor 3 Smart Village Cairo Alexandria
Giza, Undisclosed
Egypt
Giza, Undisclosed
Egypt
Phone
Undisclosed
Website
Email Address
Overview
Lucky's mission is to revolutionize the way the Middle East and North Africa shops, pays and saves. Founded in Egypt in 2019, we've connected more than eight million loyal customers with access to a growing range of easy-to-use credit products, discounts and cashback rewards that can be used in person and virtually with tens of thousands of local and global brands. We have the largest merchant network in Egypt, and we're bringing seamless financial flexibility and increased spending power to people who, in many cases, have never before had access to credit.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Ayman Essawy
Chief Executive Officer
Momtaz Moussa
Founder
Marwan Kenawy
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