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Funding Round

Seed Round - Connect Money

Seed Round - Connect Money

Investment Firm

Overview

Connect Money offers payment cards and supports digital payments.

Announced Date

Jun 24, 2024

Funding Type

Seed

Highlights

N/A

Location

N/A

Social

N/A

Investor Lead

Algebra Ventures

Algebra Ventures

Algebra Ventures is a early_stage_venture and late_stage_venture and private_equity and seed and venture firm.

Disruptech Ventures

Disruptech Ventures

Disruptech Ventures is a early_stage_venture and seed and venture firm.

Lorax Capital Partners

Lorax Capital Partners

Lorax Capital Partners is a private_equity firm.

Participant Investors

4

Investor Name
Participant InvestorLorax Capital Partners
Participant InvestorMasria Digital Payments
Participant InvestorDisruptech Ventures
Participant InvestorAlgebra Ventures

Round Details and Background

Connect Money raised $8000000 on 2024-06-24 in Seed Round

Connect Money offers payment cards and supports digital payments.

Company Funding History

1

Announcment DateTransaction NameNumber Of InvestorsLead InvestorMoney Raised
Jun 24, 2024
Seed Round - Connect Money
5-8.0M

Recent Activity

News

Jul 15, 2024

Tech In Africa - Egyptian Fintech Startup Connect Money Secures $8 Million in Seed Funding Round

News

Jun 29, 2024

Fintech startup Connect Money raised $8 M Seed funding

News

Jun 26, 2024

Disrupt Africa - Egypt’s Connect Money raises $8m seed funding to launch embedded finance platform

News

Jun 26, 2024

Enterprise - Enterprise — Essential business, finance and policy news from the Arab world

News

Jun 25, 2024

linkedin.com - Connect Money’s Post

News

Jun 25, 2024

TechCrunch - Connect Money scores $8M to enable non-bank businesses to offer embedded finance services