Raseedi

Acquired

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Cairo, Egypt · Founded 2018 · $1.3M raised

Headquarters
Cairo
Employees
1–10
Founded
2018
Business Model
B2C
Total Funding
$1.3M
Last Round
$850K Pre-SeedNov 2021
Rounds
2

About

Raseedi is a Cairo-based fintech super-app built for Egypt's underbanked masses. Starting as a dual-SIM telecom optimizer that automatically routes calls through the cheapest SIM, the platform has expanded into a full daily fintech app covering free calls within the Raseedi circle, bill payments and mobile recharges with cashback points, instant cash micro-loans (RaseediKash, powered by its acquired subsidiary Kashat, licensed by Egypt's FRA), and daily savings tips on telecom, food, medical, and appliances. The company raised $400K seed in 2019 led by 500 Startups, EFG-EV Fintech, and Falak Startups, followed by an $850K pre-Series A from Samurai Incubate in 2021, and has since expanded into lending through the Kashat acquisition announced in January 2025.

Summary

Raseedi is a Fintech company based in Cairo, Egypt, founded in 2018. It has raised $1.3M in total across 2 rounds, most recently a $850K Pre-Seed round in Nov 2021. Investors include Samurai Incubate and 500 Global.

Tech & App Stack

2 technologies & apps tracked

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Funding History

Pre-seedPre-SeedNov 2021
$850K

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Investors

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