SETTLE

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Developer of a payment settlement platform designed to bridge the data gap between ERPs and banks that leads to unnecessary manual processes and inefficient treasury management. The company helps enterprises automate their payments and receivables operations, cash-position forecasting and reconciliation processes, enabling clients to solve payment glitches.


Location: Egypt
Website: http://www.settle-payments.com/
Sector: Finance
Funding Stage: Pre-Seed,
Total Funding ($m): 2
# of Founders: 2
Founding Year: 2023
Funding Year: 2024
YearAmountStageInvestors
2024$2mPre-SeedShorooq Partners, El Sewedy Capital Holding, Acasia Ventures, and Plus VC
Kamil Sayour , Mostafa Mobarak , ,
Pre-Seed $2m
Shorooq Partners, El Sewedy Capital Holding, Acasia Ventures, and Plus VC



News

https://www.wamda.com/2024/09/egypt-settle-secures-2-million-pre-seed