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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
Financial Services, FinTech
2021
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
1
9
0
$8.3M
Details
1
Axis has raised a total of $8.3M in funding over 1 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2022 | Seed | 8.3M |
Investors
Axis is funded by 10 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Suya Ventures | - | FUNDING ROUND - Suya Ventures | 8.3M |
Jenny Fielding | - | FUNDING ROUND - Jenny Fielding | 8.3M |
Axis | - | FUNDING ROUND - Axis | 8.3M |
Two Culture Capital | - | FUNDING ROUND - Two Culture Capital | 8.3M |
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