Cassbana, the Egypt-based startup that uses AI to run a behaviour-based credit scoring system, has raised a $1 million pre-seed funding round, led by Disruptech. Other fintech funds and angel investors participated in the round.

Cassbana relies on machine learning and artificial intelligence to offer financial identities for the underserved and unbanked in the Egyptian market.

The technology and data, sourced through its Android app, offer financial institutions and companies th...