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.
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Dec 2019
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