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Tech

Egyptian MOT startup SoTech secures $1M in financing for expansion plans

Launched in March 2020 at the kick-off of the pandemic in Egypt, SoTech currently develops digital transformation systems and software that help medical staff to better manage clinics

Careem Egypt’s GM on Mobility as a Service and efforts in FinTech

Talking to Business Today on the sidelines of RiseUp summit, Essam offered his opinion on the state of MaaS in the region, and the ride-hailing sector’s future

EdTech platform Educatly secures $1M in pre-seed to be “LinkedIn for Education”

Founded in 2020, the platform is being set up to be “the upcoming LinkedIn for Education"

MENAPT raises $150M VC funds in October 2021 | MAGNiTT

Investments in the MENAPT region have nearly reached $2 billion this year, with almost $150 million raised in October alone

UK-based FinTech JUMO planning to jump into Egypt’s financial scene

According to the FinTech, 42% of adults in sub-Saharan Africa and Asia are unbanked and only 11% of adults are under credit bureau coverage in Africa