North Africa: Egypt's Lucky Raises $23m to Expand Consumer Credit Platform

North Africa: Egypt's Lucky Raises $23m to Expand Consumer Credit Platform

Lucky has raised 23 million dollars in a Series B round combining equity and debt, as the company looks to expand its consumer credit platform and enter new markets.

Egypt’s Lucky secures $23m Series B to drive credit expansion across North Africa - Dailynewsegypt

Lucky, Egypt’s fast-growing financial technology company, has raised $23m in a Series B round combining equity and debt, as it accelerates its expansion into North Africa’s consumer credit market. The round drew support from Disruptech Ventures and DPI Venture Capital via the Nclude fund, alongside new strategic investors including Suez Canal Bank and OneStop. Tech

Lucky secures $23m to scale credit and neo-banking push

Lucky, an Egyptian consumer credit and financial technology platform, has closed a $23m Series B funding round, combining equity and debt, as it prepares to expand into North Africa and advance its neo-banking ambitions, according to a report from Wamda. The round was led by existing and new investors, including Disruptech Ventures and DPI Venture […]

Egyptian Fintech Lucky Raises $23M Series B To Become A Digital Bank In North Africa

Egyptian consumer credit startup Lucky has raised $23 million in Series B funding to expand across North Africa and develop new banking services. The funding round combined equity and debt financing from existing and new investors, including Disruptech Ventures, DPI Venture Capital through the Nclude fund, Suez Canal Bank, and investment firm OneStop. Mohamed Farouk, chairman of OneStop, joined Lucky’s board as the new chairman. Founded in Cairo…

Lucky secures $23mln Series B funding to scale credit access across North Africa

Including a mix of equity and debt