Fundz

Egyptian fintech Qardy raised a seven-figure amount in a seed round led by White Field Ventures and Vastly Valuable Ventures to expand its digital lending marketplace into Saudi Arabia.

PRIVATEAug 08, 2024

Round Type

Seed

Al JizahAgriculture and FarmingFinancial ServicesFinanceMarketplaceLending

Investors

Vastly Valuable VenturesWhite Field Ventures

Description

Qardy, the first digital lending marketplace in the region, secured a seven-figure pre-seed funding to accelerate its expansion plans into Saudi Arabia. The startup has onboarded over 1,000 corporate clients and aims to enhance its financial services with this investment.

Quick answer

Qardy raised an undisclosed amount in a Seed round, dated August 8, 2024. Investors: Vastly Valuable Ventures and White Field Ventures. Qardy is based in Al Jizah, Al Jizah, Egypt.

How much did Qardy raise?
Qardy raised an undisclosed amount in a Seed round on August 8, 2024.
Who invested in Qardy?
Vastly Valuable Ventures and White Field Ventures are named as investors in this round.
What does Qardy do?
Qardy is an Egyptian fintech startup that operates as the region’s first digital lending marketplace.
Where is Qardy based and how big is it?
Qardy is based in Al Jizah, Al Jizah, Egypt.
Who are the decision-makers at Qardy?
Fundz holds 1 contact at Qardy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming and Financial Services around the same time

Companies in the same sectors as Qardy that raised within 45 days of this round, from Fundz verified event records.

  • Aye Finance raised $30M (Series G) on September 20, 2024.
  • Primary raised $3.5M (Seed) on September 18, 2024.
  • Veritas Finance raised $29M (Funding Round) on September 9, 2024.
  • Twenty7tec raised $22M (Series A) on September 9, 2024.
  • Green Dot raised $65M on September 6, 2024.
  • Upsolve raised $4.3M (Seed) on September 5, 2024.

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Company Information

Company

Qardy

Location

Al Jizah, Al Jizah, Egypt

About

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. With a focus on transparency and efficiency, Qardy has successfully onboarded over 1,000 corporate clients and executed significant loan transactions. The company aims to enhance its services and expand further into Saudi Arabia.

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Qardy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.