DisrupTech Venture plans $17M investment in fintech startups till mid-2025

Updated 5/12/2024 1:01:00 AM
DisrupTech Venture plans $17M investment in fintech startups till mid-2025

 Arab Finance: DisrupTech Venture is set to inject $17 million into fintech startups this year until mid-2025, Founder and Managing Partner of the fund Mohamed El Sayed Okasha told Asharq Business.

Okasha emphasized the fund's keen interest in fostering innovation within Egypt's digital transformation landscape while eyeing potential investment prospects across the Gulf region and North Africa.

Since its inception in 2022, the DisrupTech Fund has invested approximately $19 million in 20 companies, showcasing a commitment to nurturing disruptive technologies and groundbreaking ventures.

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