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Egyptian fintech Khazna lands seed investment

Egyptian fintech Khazna has raised seed funding in a round led by leading Egyptian venture capital (VC) fund Algebra Ventures.

Tech publication MenaBytes reported that the startup did not disclose the size of the investment. It said Accion Venture Lab, Accion’s seed-stage fund, also participated in the round.

Fintech Khazna aims to provide mobile banking services to over 20 million underbanked Egyptians.

Read more from source article: https://ventureburn.com/2020/03/egyptian-fintech-khazna-lands-seed-investment/

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