Egyptian Consumer Money App Telda Raises $20M From Gfc, Sequoia Capital And Block
Amount Raised
$20 Million
Round Type
Funding Round
CairoFinancial ServicesFintechLendingBankingDescription
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 finance for the MENAP region.”
Quick answer
Telda raised $20 Million in a Funding Round round, dated October 12, 2022. Telda is based in Cairo, Egypt.
- How much did Telda raise?
- Telda raised $20 Million in a Funding Round round on October 12, 2022.
- What does Telda do?
- Telda is a financial brand built for Millennials and GenZ to take the pain out of peer-to-peer payments.
- Where is Telda based and how big is it?
- Telda is based in Cairo, Egypt.
Source: Fundz verified event record.
Who else raised in Financial Services and Fintech around the same time
Companies in the same sectors as Telda that raised within 45 days of this round, from Fundz verified event records.
- NatWest Group raised an undisclosed amount on October 25, 2022.
- Regional Management raised $200M (Funding Round) on October 20, 2022.
- Maplerad raised $6M (Funding Round) on October 17, 2022.
- NorthOne raised $67M (Series B) on October 13, 2022.
- Jiko raised an undisclosed amount on October 6, 2022.
- ZSuite Technologies, Inc. raised $11M (Series A) on November 17, 2022.
Who to call at Telda, and when
A new round usually means Telda is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Telda raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Telda, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Telda. With Fundz connected, it knows.
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Fundz sees it the moment Telda raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Telda raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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