telda
Fintech
Egyptian consumer money app Telda raises $20M from GFC, Sequoia Capital and Block
6:30 am PDT • October 12, 2022
Telda, an Egyptian consumer money app founded by ex-Swvl executive Ahmed Sabbah last April, has raised $20 million in seed funding. The fintech, in a statement, said it wants to “revolutionize…
Two years before Youcef Oudjidane co-founded Sudanese fintech Bloom after failing to find startups tackling currency depreciation in Africa to invest in, he was the managing partner and head of…
Startups
Sequoia leads $5M pre-seed in Egypt’s 1-month-old digital bank Telda
3:58 am PDT • May 17, 2021
Egypt has a population of over 100 million people. The country has a high mobile and internet penetration necessary for a young and tech-savvy population with 61% below 30. But…