Flash, Egypt’s new cashless payments app, has completed a $6 million seed round led by Addition with participation from Flourish Ventures and other strategic angel investors. This funding will be used to accelerate the startup’s product development and customer acquisition in Egypt. Flash has also obtained approval from the Central Bank of Egypt in partnership with Banque Misr to operate as a technical payment aggregator.
Egypt: Flash lands $6m in seed funding
Egypt: Flash lands $6m in seed funding
Egypt: Flash lands $6m in seed funding
Flash, Egypt’s new cashless payments app, has completed a $6 million seed round led by Addition with participation from Flourish Ventures and other strategic angel investors. This funding will be used to accelerate the startup’s product development and customer acquisition in Egypt. Flash has also obtained approval from the Central Bank of Egypt in partnership with Banque Misr to operate as a technical payment aggregator.