Acquiring Company
Catalyst Partners Middle East
Acquired Company
Qardy
GizaAl JizahFinancial ServicesFinanceFintechAgriculture and FarmingFinancial ServicesFinanceMarketplaceLendingDescription
Catalyst Partners Middle East has successfully acquired Qardy, executing Egypt's first fintech SPAC merger at a value of $23 million. This acquisition enables CPME to expand its footprint in the digital lending sector, focusing on MSMEs. The deal underscores Egypt's evolving financial landscape and highlights opportunities in alternative financing. The Financial Regulatory Authority's framework supports such innovative transactions, enhancing the startup ecosystem.
Quick answer
Catalyst Partners Middle East is acquiring Qardy for $23 million, announced May 19, 2025. Catalyst Partners Middle East is based in Giza, Giza, Egypt.
- How much did Catalyst Partners Middle East pay for Qardy?
- The reported deal value is $23 million.
- What does Catalyst Partners Middle East do?
- Catalyst Partners Middle East (CPME) is focused on supporting and investing in high-growth startups across various sectors.
- Where are Catalyst Partners Middle East and Qardy based?
- Catalyst Partners Middle East is based in Giza, Giza, Egypt. Qardy is based in Al Jizah, Al Jizah, Egypt.
- Who are the decision-makers at Catalyst Partners Middle East?
- Fundz holds 2 contacts at Catalyst Partners Middle East. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Catalyst Partners Middle East, and when
When Catalyst Partners Middle East changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Catalyst Partners Middle East raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Catalyst Partners Middle East, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Qardy?
Qardy was acquired by Catalyst Partners Middle East, based in Giza. The deal was reported on May 19, 2025. Catalyst Partners Middle East (CPME) is focused on supporting and investing in high-growth startups across various sectors. Catalyst Partners Middle East is privately held and operates in Financial Services.
When did Catalyst Partners Middle East acquire Qardy?
Catalyst Partners Middle East's acquisition of Qardy was reported on May 19, 2025. Catalyst Partners Middle East has successfully acquired Qardy, executing Egypt's first fintech SPAC merger at a value of $23 million. This acquisition enables CPME to expand its footprint in the digital lending sector, focusing on MSMEs. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Qardy do?
Qardy is an Egyptian fintech startup that operates as the region’s first digital lending marketplace. Founded in 2022, it connects financial institutions with Micro, Small, and Medium Enterprises (MSMEs) to facilitate funding. It is privately held, operating in Agriculture and Farming, and is based in Al Jizah.
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