Connect Money Secures $8M Seed Funding
to Expand Imbedded Finance in North Africa

Our community member, Connect Money has successfully secured $8M in seed funding led by DisrupTech VentureAlgebra Ventures, Lorax Capital PartnersMDP, and One Stop.

With the new funding, Connect Money plans to expand its operations in North Africa particularly Egypt, Morocco, and other markets with a key focus on Africa. Co-Founded by Ayman Essawy (CEO), Wadi Jalil (CTO) and Abdelaziz Sarhan (COO), Connect Money is set to revolutionize the fintech industry. This investment marks a significant milestone for the fintech startup ecosystem, which aims to address crucial infrastructure gaps in the region.

Connect Money enables companies to offer financial services to their customers, partners, and suppliers without the complexities of building the required technology and regulatory infrastructure. This, allows businesses to focus on their core operations while Connect Money handles the financial regulations of the organization. Solutions provided by the company include digital payments, instant financing, and access to a network of over 20,000 marketplace partners.

To date, Connect Money has facilitated the issuance of over 300,000 cards. This impressive achievement highlights their growing influence on the fintech sector. 

We are proud to have Connect Money as a valued member of our WRK+ community at The GrEEK Campus West.  Immerse yourself in the vibrant campus life by watching a day in the life of Ayman Essawy! Check it out here and get a glimpse of the extraordinary experiences that await you.

Join our community of change-makers and be part of our journey towards innovation and growth of the startup ecosystem:  https://www.wrk.plus/join-our-community

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