Menthum
A Fresh Way to Money
Cairo, Egypt · Founded 2021 · $1.5M raised
- Headquarters
- Cairo
- Employees
- 11–50
- Founded
- 2021
- Business Model
- B2C
- Website
- menthum.com
- Total Funding
- $1.5M
- Last Round
- $1.5M Pre-SeedJul 2023
- Rounds
- 1
About
Menthum is a digital wealth management platform based in Cairo, Egypt, on a mission to make saving and investing simple, secure, and accessible for everyone. Founded in 2021 and licensed and regulated by Egypt's Financial Regulatory Authority (FRA), Menthum offers a suite of mobile-first investment products including Core (money market fund for liquidity management), Grow (equity-focused systematic investment plan in the EGX30), and USD (multi-currency investments). The platform serves both retail and corporate clients, enabling individuals and businesses to earn superior returns on idle cash compared to traditional bank accounts — up to 2x traditional bank returns, with EGP 500 million in cumulative customer gains across a community of 100,000+ users. Menthum's flagship offering was Egypt's first purpose-built digital money market fund, which invests in government treasury bills, bank savings certificates, and similar short-term instruments. The company blends a digital-first model with deep financial services expertise, and is co-founded by individuals with backgrounds in the Egyptian Stock Exchange and the Egyptian Investment Management Association.
Summary
Menthum is a Fintech company based in Cairo, Egypt, founded in 2021. It has raised $1.5M in total across 1 round, most recently a $1.5M Pre-Seed round in Jul 2023. Investors include A15, Acasia Ventures and AUC Angels.
Tech & App Stack
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Funding History
Jul 2023
Investors
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