Tech Company Financing Transactions

MNZL Funding Round

Ingressive Capital, LocalGlobe and P1 Ventures participated in a $3.5 million Seed funding round for MNZL. The funding round was announced on 5/13/2024.

Transaction Overview

Company Name
Announced On
5/13/2024
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Investors

Ingressive Capital (Lead Investor)

LocalGlobe (Lead Investor)

P1 Ventures (Lead Investor)

500 Global

Enza Capital

Flat6Labs

Proceeds Purpose
The company intends to use the funds to enhance its technology, and scale operations to empower more clients.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
30 Orouba St. Heliopolis
Cairo, 11757
Egypt
Email Address
Overview
With the MNZL Wallet app, you can upload your property or car to a digital wallet, and withdraw the money you need from it. Giving you easy access to financing at the lowest cost and in the fastest time. We are dedicated to creating a digital wallet experience that makes tapping into your asset wealth seamless, transparent, and quick.
Profile
MNZL LinkedIn Company Profile
Social Media
MNZL Company Twitter Account
Company News
MNZL News
Facebook
MNZL on Facebook
YouTube
MNZL on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Ahmed Dessouky
  Ahmed Dessouky LinkedIn Profile  Ahmed Dessouky Twitter Account  Ahmed Dessouky News  Ahmed Dessouky on Facebook
Co-Founder
Bassem Elshaer
  Bassem Elshaer LinkedIn Profile  Bassem Elshaer Twitter Account  Bassem Elshaer News  Bassem Elshaer on Facebook
Co-Founder
Sameh Saleh
  Sameh Saleh LinkedIn Profile  Sameh Saleh Twitter Account  Sameh Saleh News  Sameh Saleh on Facebook


 

 

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Prev: 5/13/2024: Linnovate Partners venture capital transaction
Next: 5/13/2024: HIF Global venture capital transaction

 

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Our team works diligently to record every notable VC transaction. VC transactions reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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