Monday, September 1, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Funding

Exits MENA, a fintech startup based in Egypt, has increased its pre-seed funding to $1.25 million

Tech Gist Africa by Tech Gist Africa
07/22/2023
in Funding, Middle East and Africa, News - Middle East And North Africa
0 0
2
Exits MENA Egypt

Exits MENA Egypt

0
SHARES
Share on FacebookShare on Twitter

Exits MENA, an Egyptian fintech investment banking platform, has raised $1.25 million in a seed round led by Silicon Valley venture company Practical VC.

The funding round was led by general partners Dave McClure and Aman Verjee, Practical VC specializes in secondary market transactions, focusing on LP and GP interests and high-growth venture-backed companies.

Exits MENA, a company founded in 2022 by Mohamed Aboulnaga, Ahella El Saban, and Ayman El Tanbouly, intends to facilitate M&As and investments in businesses by providing a seamless and fully integrated online solution on its platform as well as a comprehensive financial advice service.

The Egyptian Financial Regulatory Authority (FRA) recently granted the company a license for the promotion and underwriting of securities.

Exits MENA has successfully closed six agreements totaling more than $10 million in value across 15 verticals since the platform’s beta debut.

The company has already raised $1 million in a pre-seed fundraising round.

“We were very impressed by the team at Exits MENA and their track record in building and growing companies, which is a great quality in an investment banking partner,” added McClure.

The additional funds will be utilized to broaden the organization’s reach and improve its offerings.

 

Read more on Tech Gist Africa:

Dawi Clinics in Egypt raises $6.5 million to fund its expansion

Balad, a fintech startup in Egypt, has secured a pre-seed funding

Camel Ventures, an Egyptian firm, has launched a fintech fund with $16 million. 

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

ITIDA Egypt
Cohort

Egypt’s Start IT Programme Welcomes Eight Innovative Startups in 47th Cohort

by Tech Gist Africa
09/01/2025
0

The Technology Innovation and Entrepreneurship Center (TIEC), operating under Egypt's Information Technology Industry Development Agency (ITIDA), has announced the selection...

Read more
Dubai AI Accelerator

Dubai’s AI Accelerator has opened Registration for the “Future of AI in Government Services Accelerator” Program

09/01/2025
Munify Egypt

Munify Secures $3M Seed Funding to Revolutionize Cross-Border Banking for Egyptians Abroad

09/01/2025
Uncovered Fund and Monex Ventures

Uncovered Fund and Monex Ventures have launched a $20M Fund

09/01/2025
PALM Egypt fintech startup

Egypt’s PALM Launches First Goal-Based Investment Platform, Empowering Everyday Savers

09/01/2025
Next Post
MINT Incubator Egypt

The MINT Incubator Program is accepting applications for its 12th iteration from Egyptian startups

Flash Egypt

Flash, an Egyptian fintech startup, secures $6 million in a seed round of funding

Amazon web services

The AWS Global Fintech Accelerator is now accepting applications

Comments 2

  1. Pingback: Flash, an Egyptian fintech startup secures $6M in a funding round - Africapost
  2. Pingback: Exits MENA has increased its pre-seed funding to $1.25 million - Africapost
No Result
View All Result

The Big 5

ITIDA Egypt

Egypt’s Start IT Programme Welcomes Eight Innovative Startups in 47th Cohort

by Tech Gist Africa
09/01/2025
0

...

startup africa

Innovate47 Launches Food & Agri Accelerator to Empower African Startups

by Tech Gist Africa
09/01/2025
0

...

Dubai AI Accelerator

Dubai’s AI Accelerator has opened Registration for the “Future of AI in Government Services Accelerator” Program

by Tech Gist Africa
09/01/2025
0

...

Presight AI-Startup Accelerator

Presight AI-Startup Accelerator Ignites Global Innovation in Abu Dhabi

by Tech Gist Africa
09/01/2025
0

...

African tech ecosystem

Africa’s Growing Role in Global Tech Partnerships: Collaboration with Silicon Valley and Beyond

by Tech Gist Africa
08/25/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.