Axis

Axis

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Overview

We believe that small businesses are the backbone of most economies and the heart and soul of our communities. But we know that founders of small businesses face a lot of challenges in running & growing their business - from paying employees, suppliers, and vendors, to accepting payments in a timely and affordable manner. That’s why we started axis, a digital banking alternative for small businesses & solopreneurs.

axis empowers small business founders & solopreneurs with the tools & resources to compete & thrive. axis' digital banking platform seamlessly manages employee payroll & salary advances, as well as business payments to suppliers, contractors, & vendors - onto its fully interoperable mobile wallet.

Employees get access to a fully interoperable mobile wallet that allows them to send and receive money from any mobile wallet in Egypt, & get rewarded with points every time they spend - when they pay their bills, pay by QR code, or buy anything online with a virtual Visa card.

axis is fully licensed by the Central Bank of Egypt and has built its whole tech stack in house.

About

Industries

Financial Services, FinTech

Founded

2021

Employees

51-100

Headquarters locations

Africa

Social

N/A

Profile Resume

Axis headquartered in Africa, operates in the Financial Services, FinTech sector. The company focuses on Financial Services and has secured $66.0M in funding across 8 round(s). With a team of 51-100 employees, Axis is actively contributing to advancements in Financial Services. Their latest funding round, Seed Round - Axis, raised $8.3M. Discover more about their projects, partnerships, and impact on our platform.

Employees

N/A

Funding Rounds

Funding rounds

1

Investors

9

Lead Investors

0

Total Funding Amount

$8.3M

Details

1

Axis has raised a total of $8.3M in funding over 1 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2022Seed8.3M

Investors

Axis is funded by 10 investors.

Investor NameLead InvestorFunding RoundPartners
Suya Ventures-FUNDING ROUND - Suya Ventures8.3M
Jenny Fielding-FUNDING ROUND - Jenny Fielding8.3M
Axis-FUNDING ROUND - Axis8.3M
Two Culture Capital-FUNDING ROUND - Two Culture Capital8.3M

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