# EFG Hermes

> EFG Hermes is a VC fund in Cairo backing Financial Services and FinTech. See 18 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Cairo, Egypt
- Total investments: 18
- Last investment: Nov 2024
- Lead investor: 67%
- Fund size: $4.7M
- Last fund: Dec 2018
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/efg-hermes
- X (Twitter): http://twitter.com/efghermes
- Website: http://efg-hermes.com/English
- Facebook: https://www.facebook.com/EFGHermes

EFG Hermes is a VC fund in Cairo focused on Financial Services and FinTech. Established in 1984, EFG Hermes is the leading investment bank in the Arab world. The Firm specializes in Securities Brokerage, Investment Banking, Asset Management, Private Equity and Research. EFG Hermes is listed on both the Egyptian and London stock exchanges. The recent acquisition of a 65% stake in Credit Libanais marks the first step towardsEFG Hermes’s transformation into a universal bank and will enable it to rapidly expand into retail and commercial banking.

## Contacts

5 contacts available for EFG Hermes. Shizune tracks 4 team members at EFG Hermes. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/efg-hermes?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $100k–$7M |
| Pre-Seed | $28k–$3M |
| Debt Financing | $7.4M–$35M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 5 | 28% |
| FinTech | 4 | 22% |
| Banking | 2 | 11% |
| Finance | 2 | 11% |
| Payments | 2 | 11% |

20 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 17% |
| Debt Financing | 3 | 17% |
| Pre-Seed | 2 | 11% |
| Series A | 2 | 11% |
| Post-IPO Debt | 2 | 11% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Egypt | 8 | 44% |
| Kuwait | 1 | 6% |
| United States | 1 | 6% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Moussa Karim | Co-CEO Investment Bank, Head of Asset Management and Private Equity | 3 | https://shizune.co/investors/profile/moussa-karim |
| Yasser El Mallawany | CEO & Board of Directors | 0 | https://shizune.co/investors/profile/yasser-el-mallawany-2 |
| Karim Meleka | Co-Head of Investment Banking | 2 | https://shizune.co/investors/profile/karim-meleka-ce94 |
| Wael Ziada | Head of Research, Member of the Executive Committee | 0 | https://shizune.co/investors/profile/wael-ziada |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Sylndr | Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market, where customers can reliably and transparently sell and buy used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range ofhigh-quality used vehicles accessible across a diverse set of financing solutions. | $7.4M | Debt Financing | Nov 25, 2024 |  |
| Kenzi Wealth | KENZI is developing the asset management infrastructure layer, which will be offered easily to banks, independent asset managers (IAMs), and independent financial advisors (IFAs) via a plug-and-play suite of APIs. |  | Seed | May 21, 2024 |  |
| Bedaya Mortgage Finance | Bedaya Mortgage Finance is Egypt’s first non-bank mortgage provider offering digital mortgage financing facilities. The company offers seamless mortgage financing solutions for clients looking to purchase residential and commercial properties in Egypt. | $9.7M | Debt Financing | Sep 12, 2023 |  |
| Palm Hills Developments | Palm Hills Developments offers projects for integrated homes, businesses, and resorts. 70% of the project sites are set aside for lush vegetation and complex creative landscapes with the intention of changing their clients' perceptions of reality. | $9.7M | Post-IPO Debt | Sep 10, 2023 |  |
| Madinet Nasr Housing & Development | Madinet Nasr Housing & Development is a real estate developer that builds communities in strategic locations. They design and plan cities, and new developments are set to reimagine what living can offer. | $805.5M | Post-IPO Debt | Mar 05, 2023 |  |
| Bedaya Mortgage Finance | Bedaya Mortgage Finance is Egypt’s first non-bank mortgage provider offering digital mortgage financing facilities. The company offers seamless mortgage financing solutions for clients looking to purchase residential and commercial properties in Egypt. | $34.7M | Debt Financing | Jun 21, 2022 |  |
| Madinet Nasr Housing & Development | Madinet Nasr Housing & Development is a real estate developer that builds communities in strategic locations. They design and plan cities, and new developments are set to reimagine what living can offer. | $19.1M | Post-IPO Debt | Jan 11, 2022 |  |
| KlickIt | KlickIt is a one-stop-shop aiming at digitalizing payments across various sectors in Egypt, axing the fuss of routine payments in cash-adapted nations. | $100K | Seed | Nov 29, 2021 |  |
| Kiwe app | Kiwe app is a mobile payment application that enables users to transfer money instantly. |  | Series A | Nov 16, 2021 |  |
| Kiwe app | Kiwe app is a mobile payment application that enables users to transfer money instantly. |  | Venture - Series Unknown | Nov 16, 2021 |  |

10 of 18 investments shown.

## Co-investors
- [EFG EV Fintech](https://shizune.co/investors/profile/efg-ev) — VC Fund, 4 deals together
- [Y Combinator](https://shizune.co/investors/profile/y-combinator) — VC Fund, 3 deals together
- [1984 Ventures](https://shizune.co/investors/profile/1984-ventures) — VC Fund, 2 deals together
- [500 Global](https://shizune.co/investors/profile/500-startups) — VC Fund, 2 deals together
- [dfin Holding](https://shizune.co/investors/profile/dfin-holding) — VC Fund, 2 deals together
- [Marakez](https://shizune.co/investors/profile/marakez) — VC Fund, 2 deals together

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## FAQ

### What does EFG Hermes invest in?

EFG Hermes invests primarily in Financial Services, FinTech and Banking startups, most often at Seed and Debt Financing stage. Most of the 18 investments tracked by Shizune back companies in Egypt. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is EFG Hermes's check size?

EFG Hermes typically joins rounds of $100k–$7M at Seed, $28k–$3M at Pre-Seed and $7.4M–$35M at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds EFG Hermes participates in.

### How do I contact EFG Hermes?

Public channels for EFG Hermes 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 Hermes?

The team at EFG Hermes includes Moussa Karim (Co-CEO Investment Bank, Head of Asset Management and Private Equity), Yasser El Mallawany (CEO & Board of Directors) and Karim Meleka (Co-Head of Investment Banking). 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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