EFG EV Fintech
VC Fund
Cairo, Egypt
EFG EV Fintech is a VC fund in Cairo focused on FinTech and Software. EFG EV Fintech is investing in startups and bolstering the Fintech ecosystem in the process. EFG EV Fintech combines the financial know-how of EFG Hermes and entrepreneurial expertise of Egypt Ventures to launch the a Fintech-focused startup accelerator.They invest in rising Fintech startups with the potential to grow domestically and expandbeyond the Egyptian market. EFG EV Fintech also provides innovators with the fully integrated services they need to thrive – from funding to mentorship, to training, and office space.
- Total investments:
- 21
- Last investment:
- Lead investor:
- 14%
Last updated:
For AI agents: llms.txt
Industries EFG EV Fintech invests in
Stages EFG EV Fintech invests in
Countries EFG EV Fintech invests in
Contacts
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3 more contacts available
Investment Focus
Industry
- FinTech 5 (24%)
- Software 4 (19%)
- Financial Services 4 (19%)
- Finance 3 (14%)
- E-Commerce 3 (14%)
Stage
- Seed 6 (29%)
- Pre-Seed 6 (29%)
- Series A 1 (5%)
- Convertible Note 1 (5%)
- Venture - Series Unknown 1 (5%)
Country
- Egypt 11 (52%)
- Estonia 1 (5%)
- United Arab Emirates 1 (5%)
Team
| Name | Title | Investments | Links | |
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Mahmoud El-Zohairy
CEO
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CEO | Total investments: 2 | Find email | |
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Shehab Marzban
Founder
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Founder | Total investments: 1 | Find email |
Investments
| Company | Description | Round | Links |
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El-Dokan is the first enterprise eCommerce software designed for large and growing retail stores in MENA to help them optimize their operations and improve their sales conversion. | $550K / Pre-Seed / Sep 05, 2022 | |
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Raseedi App uses technology to help users measure and track their telecom consumption, advises them on the best packages to subscribe to, and automates calls from the cheapest SIM card for dual sim users, saving users between 20% to 30% of their monthly telecom spend. Raseedi helped 200K+ downloaders optimize their spend in its first year oflaunch. | $850K / Seed / Nov 30, 2021 | |
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Raseedi App uses technology to help users measure and track their telecom consumption, advises them on the best packages to subscribe to, and automates calls from the cheapest SIM card for dual sim users, saving users between 20% to 30% of their monthly telecom spend. Raseedi helped 200K+ downloaders optimize their spend in its first year oflaunch. | $850K / Seed / Nov 30, 2021 | |
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Kiwe app is a mobile payment application that enables users to transfer money instantly. | Series A / Nov 16, 2021 | |
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Kiwe app is a mobile payment application that enables users to transfer money instantly. | Venture - Series Unknown / Nov 16, 2021 | |
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Fintech Galaxy is a UAE-founded financial technology platform focused on accelerating innovation in financial services through Open Banking and Open Finance infrastructure. The company enables secure collaboration between financial institutions, fintech companies, and consumers by facilitating seamless API integrations and data connectivity acrossthe financial ecosystem.At the core of its offering is FINX, Fintech Galaxy’s Open Finance platform, which provides secure, scalable, and stable API infrastructure that allows banks, fintechs, and other financial service providers to connect efficiently. Through FINX, the company helps organizations streamline integration processes, improve interoperability, and create more innovative digital financial products and services.Fintech Galaxy’s platform is designed to give consumers greater control over their financial data and payments while supporting regulatory compliance and ecosystem-wide collaboration. By enabling secure data sharing and embedded financial services, the company contributes to the broader adoption of Open Banking and next-generation financial ecosystems across the Middle East and global markets.Operating within the fintech infrastructure and API economy sectors, Fintech Galaxy generates value by supporting digital transformation initiatives for banks, financial institutions, and fintech startups seeking to build connected, customer-centric financial experiences. | $2M / Seed / Oct 19, 2021 | |
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Fatura is a technology platform revolutionizing the FMCG industry in Egypt & Africa. Our startup was first established in 2019 leading the way to become the 1st application serving the full FMCG traditional trade cycle. Fatura tackles key pain points in the traditional FMCG cycle offering a digital platform through which FMCG manufacturers andwholesalers can connect directly to retailers in an easier and faster way. In addition to digitizing the ordering experience, Fatura improves the working capital for retailers by enabling on-credit purchasing. We leverage our wealth of data and advanced AI models to instantly assess the creditworthiness of each retailer on our network. Gaining significant traction in Cairo and Giza, Fatura is on its way to becoming the leading technology platform in the FMCG industry across Egypt & Africa. | $3M / Seed / Jun 14, 2021 | |
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zVendo is an e-commerce platform where you can build your online store and display your brand based on ready-to-use templates, and various integrations on hand, to achieve an easy and flexible experience. | $100K / Seed / May 31, 2021 | |
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Mozare3 operates as an agricultural-fintech startup. Mozare3 is a platform that serves more than 20 million underserved, unbankable smallholder farmers and their families. | $1M / Pre-Seed / May 24, 2021 | |
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Mozare3 operates as an agricultural-fintech startup. Mozare3 is a platform that serves more than 20 million underserved, unbankable smallholder farmers and their families. | $1M / Seed / May 24, 2021 | |
| See all 21 investments → | |||
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FAQ
What does EFG EV Fintech invest in?
EFG EV Fintech invests primarily in FinTech, Software and Financial Services startups, most often at Seed and Pre-Seed stage. Most of the 21 investments tracked by Shizune back companies in Egypt. The Investment Focus section breaks down every industry, stage and country in the portfolio.
How do I contact EFG EV Fintech?
Public channels for EFG EV Fintech include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at EFG EV Fintech?
The team at EFG EV Fintech includes Mahmoud El-Zohairy (CEO) and Shehab Marzban (Founder). The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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