{"id":471256,"date":"2021-05-18T16:05:39","date_gmt":"2021-05-18T16:05:39","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=471256"},"modified":"2021-05-18T16:05:39","modified_gmt":"2021-05-18T16:05:39","slug":"egypt-digital-bank-telda-raises-usd-5-million-in-pre-seed-financing","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/05\/18\/egypt-digital-bank-telda-raises-usd-5-million-in-pre-seed-financing\/","title":{"rendered":"Egypt: digital bank Telda raises USD 5 million in pre-seed financing"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Cairo-based digital bank Telda has raised $ 5 million as part of a pre-seed funding round. This is the largest pre-seed transaction in both MENA and Africa yet &#8211; Autochek previously raised the largest pre-seed at $ 3.4 million.<\/p>\n<p>The roundtable was led by Sequoia Capital, an American venture capital firm with the participation of Global Founders Capital and Berlin-based Class 5 Global, which football star Mesut \u00d6zil joined as a partner. strategic.<\/p>\n<p>\u201cTelda is the first digital bank in Egypt, allowing customers to create a free account in seconds, receive a free Telda card to use online, in stores, withdraw money from any ATM in the world. whole world. Telda customers will also be able to send and receive money instantly and for free from friends, family and anyone with a mobile phone, as easy as sending a WhatsApp message, \u201dAhmed said. Sabbah, CEO of Telda.<\/p>\n<p>For his part, Telda&#8217;s technical director, Youssef Sholqamy, added: \u201cToday&#8217;s funding milestone promotes the digital transformation of the Egyptian economy and enables Telda to provide access to financial services to all. important so that they can participate fully in the economy \u201d.<\/p>\n<p>As a reminder, Telda was founded in March 2021 by Ahmed Sabbah and Youssef Sholqamy.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Cairo-based digital bank Telda has raised $ 5 million as part of a pre-seed funding round. This is the largest pre-seed transaction in both MENA and Africa yet &#8211; Autochek previously raised the largest pre-seed at $ 3.4 million. The roundtable was led by Sequoia Capital, an American venture capital firm with the participation of<\/p>\n","protected":false},"author":536116,"featured_media":471257,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11996,12008],"tags":[12295,14821,13894,18283,18282],"class_list":["post-471256","post","type-post","status-publish","format-aside","has-post-thumbnail","category-finance-en","category-stock-exchanges","tag-bank-en","tag-digital-bank","tag-egypt-en","tag-pre-seed-financing","tag-usd-5-million","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt: digital bank Telda raises USD 5 million in pre-seed financing - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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