- Headquarters
- Casablanca
- Employees
- 11–50
- Founded
- 2019
- Business Model
- B2C
- Website
- kashat.com.eg
- Total Funding
- $1.8M
- Last Round
- $1.8M BridgeSep 2021
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
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
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Funding History
Sep 2021
Investors
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