Africa Angel Investors Network

Funding Tracker                 


Balad

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Simplifies digital remittance and offers additional financial services to migrants and beneficiaries.


Location: Egypt
Website: https://balad.me/
Sector: Fintech
Funding Stage: Pre-Seed,
Total Funding ($m): 1
# of Founders: 3
Founding Year: 2022
Funding Year: 2023
Status: Active
YearAmountStageInvestors
2023$1mPre-SeedACASIA Ventures, Launch Africa, Full Circle Africa, Future Africa, V&R Africa, Magic Fund, First Circle Capital, Sunny Side Venture Partners, Angel Investors
Adham Azzam, Sally Asaad, Mohamed Assem,
Pre-Seed $1m
ACASIA Ventures, Launch Africa, Full Circle Africa, Future Africa, V&R Africa, Magic Fund, First Circle Capital, Sunny Side Venture Partners, Angel Investors


News
https://www.wamda.com/2023/05/acasia-ventures-leads-balad-seven-figure-pre-seed-round