Kashat

Egypt's first nano-lending app for financial inclusion

Casablanca, Egypt · Founded 2019 · $1.8M raised

Headquarters
Casablanca
Employees
11–50
Founded
2019
Business Model
B2C
Total Funding
$1.8M
Last Round
$1.8M BridgeSep 2021
Rounds
1

About

Founded in 2019 by Karim Nour and Sumair Farooqui, Kashat serves as the entry point to financial inclusion for the un- and underbanked population in Egypt by offering instant, small, short-term productive loans. The company is licensed by Egypt's Financial Regulatory Authority and operates through its subsidiary Pharos Microfinance S.A.E. Kashat was acquired by Egypt-based Raseedi App in January 2025 to broaden its financial offerings. Headquartered in Cairo, Egypt.

Summary

Kashat is a Fintech company based in Casablanca, Egypt, founded in 2019. It has raised $1.8M in total across 1 round, most recently a $1.8M Bridge round in Sep 2021. Investors include Launch Africa.

Tech & App Stack

3 technologies & apps tracked

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Funding History

BridgeBridge RoundSep 2021
$1.8M

Investors

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