Settle is an Egyptian web-based B2B payment platform founded by Kamil Sayour and Mostafa Mobarak. It modernizes financial operations for businesses while providing them with real-time cash flow insights. Settle has secured $2 million in pre-seed funding from Shorooq Partners, El Sewedy Capital Holding, Acasia Ventures, and Plus VC. Having already processed over $1 million in transactions in its testing phase, the company intends to invest the funding into expanding its reach into global markets and further improving its platform.
| Date | Round | Amount | Lead |
|---|---|---|---|
| Sep 24, 2024 | $2.0M | — |