Wednesday, April 2, 2025
6.3 C
London
HomeFinTechEgyptian Paytech MoneyHash Secures $52 Million in Funding

Egyptian Paytech MoneyHash Secures $52 Million in Funding

Date:

Zelle Discontinues Standalone P2P Payments App to Focus on Bank Integration

Zelle shifts its strategy by retiring its standalone app,...

Monzo Enters Contents Insurance Market to Protect Renters and Homeowners

Digital bank Monzo launches a flexible and user-friendly contents...

Amazon Unveils Nova Act: AI Agent Revolutionizing Online Shopping

Amazon's Nova Act AI agent promises to transform online...

A significant boost for Egypt’s burgeoning fintech landscape

Highlights:

  • MoneyHash, an Egyptian paytech company, has successfully raised $52 million.
  • The funding round was led by prominent investors, indicating strong market confidence.
  • This investment aims to enhance MoneyHash’s payment solutions and expand its market presence.

MoneyHash, a leading player in Egypt’s fintech ecosystem, has attracted significant investment, securing $52 million to further innovate its payment processing solutions. This funding round showcases growing investor interest in the Middle East’s financial technology sector. MoneyHash plans to utilize these resources to enhance its offerings and reach a broader audience. The investment underscores the potential of Egyptian startups in the global fintech arena.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories