RIYADH: Egyptian fintech startup Telda raised $20 million in a seed funding round led by Global Founders Capital with participation from Silicon Valley’s Sequoia Capital and former Twitter CEO Jack Dorsey’s Block Inc. The company launched its debit card and app in Egypt to facilitate transfers and money management for users. Telda plans to utilize its funding to expand into
CAIRO: The shared mobility technology landscape, which includes ride-sharing, car-renting and taxi-ordering models, has been on the rise in the Middle East and North African region ever since global players such as Uber and Lyft rode a wave of success in the business. After producing several unicorns, the shared mobility market in the region is set to expand with a compound
Byld Ventures, a $15M fund, backs fintechs in Africa techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.