Connect Money

Connecting businesses to cash users

Cairo, Egypt · Founded 2023 · $8.0M raised

Headquarters
Cairo
Employees
51–200
Founded
2023
Business Model
B2B
Total Funding
$8.0M
Last Round
$8.0M SeedJun 2024
Rounds
1

About

Connect Money is an Egyptian embedded finance company that helps businesses serve unbanked and cash-dependent users through white-labeled digital payment cards, instant lending capabilities, and access to a network of over 20,000 marketplace partners. With more than 300,000 issued cards and $3 billion in transaction value, the platform enables companies across retail, oil and gas, pharmaceuticals, and other sectors to launch branded financial programs — without the regulatory burden, upfront capital, or ongoing operational cost of building in-house banking infrastructure. Founded in 2023 by Ayman Essawy, Marwan Kenawy, and Momtaz Moussa, Connect Money operates across Egypt and the broader Middle East and Africa region.

Summary

Connect Money is a Fintech company based in Cairo, Egypt, founded in 2023. It has raised $8.0M in total across 1 round, most recently a $8.0M Seed round in Jun 2024. Investors include DisrupTech Ventures and Algebra Ventures.

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Funding History

SeedSeed RoundJun 2024
$8.0M

Investors

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