- Headquarters
- Giza
- Employees
- 1–10
- Founded
- 2019
- Business Model
- Marketplace
- Website
- amwal.com.eg
- Total Funding
- $100K
- Last Round
- $100K Pre-SeedDec 2022
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
AMWAL is a debt-based crowdfunding platform headquartered in Giza, Egypt (Smart Village), founded in 2019. The platform enables retail investors to lend short-term loans to small and medium-sized enterprises (SMEs), allowing businesses to raise growth capital while giving investors the opportunity to earn returns. AMWAL has raised $4 million in seed funding backed by investors including Shorooq Partners, Outlier Ventures, TA Ventures, WAED Ventures, and Fintech Saudi.
Summary
AMWAL is a Fintech company based in Giza, Egypt, founded in 2019. It has raised $100K in total across 1 round, most recently a $100K Pre-Seed round in Dec 2022. Investors include 500 Global and Sanabil 500 MENA Seed Accelerator.
Funding History
Dec 2022
Investors
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