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Settle raises $2M in a pre-seed round led by Shorooq Partners to digitize Egypt's B2B payments. The funding will bolster their platform development and aid expansion into global markets.
Plus VcAcasia VenturesEl Sewedy Capital HoldingShorooq Partners
Description
Settle, an Egypt-based B2B payment platform, raised $2 million in a pre-seed round led by Shorooq Partners. Other investors included El Sewedy Capital Holding, Acasia Ventures, and Plus VC. The funding will support Settle's push into global markets and enhance platform development. The company aims to automate financial operations for businesses and provide real-time financial data.
Company Information
Company
SETTLE
Location
Egypt
About
SETTLE is a payment platform based in Egypt that focuses on providing seamless financial transactions. The company aims to facilitate digital payments and enhance the user experience for its customers. With its innovative solutions, SETTLE is positioned to thrive in the evolving payment landscape. The recent funding will help bolster its operations and expand its services.
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