Egypt's MoneyHash, which helps merchants across the Middle East and Africa manage complex payment stacks more easily, raises $5.2 million.

TechCrunch

United States

MoneyHash, which provides single access to payment services in MENA, banks $5.2M

Ad Fontes Media

All Sides

Media Bias/Fact Check

Verizon Communications

Middle East and Africa (MEA)-focused payment orchestration platform MoneyHash has raised $5.2 million. The pre-Series A round will allow MoneyHash to continue its focus on improving the payments landscape in emerging markets, the company said in a Tuesday (Jan. 21) news release. “In emerging markets, payment infrastructure remains significantly underdeveloped, with failure rates three times the global average and fraud rates and cart abandonment…

PYMNTS.com

MoneyHash Raises $5.2 Million for Payments Orchestration Platform

MoneyHash, an Egyptian fintech startup that provides APIs to help businesses in Africa and the Middle East manage their online payments on a single platform, has raised $5.2 million in a pre-Series A funding round. MoneyHash will use the funding to to deepen its presence in the Middle East and North Africa (MEA) region and expand into other markets. The funding round was led by Flourish Ventures and saw participation from Saudi’s Vision Ventures…

TechCabal

Egyptian fintech MoneyHash raises $5.2 million Pre-Series A

Emerging markets present a unique challenge for businesses when it comes to digital payments. With fragmented systems, varying regulations, and limited integration options, merchants face high failure rates, fraud risks, and operational headaches. In regions like the Middle East and […] The post MoneyHash raises $5.2M to simplify payments in the Middle East and Africa first appeared on Tech Startups.

Startups News | Tech News

MoneyHash raises $5.2M to simplify payments in the Middle East and Africa - Tech Startups

Egyptian fintech startup MoneyHash has secured $5.2 million in a funding round aimed at unifying fragmented payment systems across Africa.

Techpoint.Africa

Egypt's MoneyHash raises $5.2 million in pre-Series A to unify fragmented African payment systems

MoneyHash, a payment orchestration platform operating in the Middle East and Africa, has raised $5.2 million in pre-A funding led by Flourish Ventures This round was also joined by Vision Ventures, Arab Bank Venture Capital, and Emurgo Kepple Ventures. Jason Gardner, founder and former CEO of Marqeta, also joined as an investor. Existing backers, including COTU, RZM Capital, and Tom Preston-Werner, continued their support. This follows a US$4.5 …

Fintechnews Middle East

MoneyHash Secures US$5.2M Pre-A Funding

MoneyHash, the first and leading payment orchestration platform operating in the Middle East and Africa (MEA), has secured $5.2M in pre-A funding. Flourish Ventures – a global fintech investor behind industry leaders like Chime, Flutterwave, FairMoney, and Neon – led the round, adding to its portfolio of over 100 fintech startups. Additional investors include Saudi’s Vision Ventures, Arab Bank’s Xelerate, and Emurgo Kepple Ventures. The round fe…

AppsAfrica.com | African mobile and tech news - tech events in Africa

MoneyHash Raises $5.2M Pre-A Funding

The fintech landscape continues to evolve, especially with a new administration in Washington, D.C. ushering in fresh opportunities and challenges. This week, a series of noteworthy developments emerged, particularly in the payments and insurtech sectors, reflecting the relentless pace of innovation and investment in this space. In the payments arena, Egyptian payment orchestration platform… Source

thefinancialanalyst.net

Fintech Innovations Surge as New Funding and Partnerships Transform Payments

MoneyHash, a fintech startup based in Egypt, has raised $5.2 million in pre-Series A funding to expand its payment orchestration services across the Middle East and Africa (MEA).  The round was led by Flourish Ventures, a global investor in financial technology, with participation from Vision Ventures and Arab Bank’s Xelerate, along with individual backers like Marqeta founder Jason Gardner. This funding comes just a year after MoneyHash secured…

techeconomy.ng

Egypt’s MoneyHash Raises $5.2M in Pre-Series A Funding Led by Flourish Ventures - Tech

MoneyHash, a NYC-based provider of a payment orchestration platform operating in the Middle East and Africa (MEA), raised $5.2M in Pre-A funding. The round was led by Flourish Ventures. New investors included Saudi’s Vision Ventures, Arab Bank Venture Capital, and Emurgo Kepple Ventures, with participation from Jason Gardner, founder and former CEO of Marqeta, as […] The post MoneyHash Raises $5.2M in Pre-A Funding appeared first on FinSMEs.

MoneyHash, which provides single access to payment services in MENA, banks $5.2M

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics