- Headquarters
- Cairo
- Employees
- 1–10
- Founded
- 2018
- Business Model
- B2C
- Website
- raseediapp.com
- 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
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Funding History
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Nov 2021
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Investors
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