Tech

Egyptian consumer money app Telda raises $20M from GFC, Sequoia Capital and Block


Telda, an Egyptian consumer money app founded by ex-Swvl executive Ahmed Sabbah last April, has raised $20 million in seed funding. The fintech, in a statement, said it wants to “revolutionize finance for the MENAP region.” Its first market, Egypt, is one of the highest consumer spending markets in …

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