Agel

Maadi, Egypt Founded: 2021 • Age: 5 yrs
Online lending platform for merchant financing solutions
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About Agel

Agel is a company based in Maadi (Egypt) founded in 2021 by Ahmed El Sherbiny and Abdelrahman Saeed. Agel operates in a competitive market with competitors including Halan, MNT Halan, Kashat, CreditEnable and EFG Corp-Solutions, among others.

  • Headquarter Maadi, Egypt
  • Founders Ahmed El Sherbiny, Abdelrahman Saeed
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Banque Misr

    & 4 more

  • Employee Count
    Employee Count
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People of Agel

Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Abdelrahman Saeed
Founder, CEO
People
Ahmed Salah Seddik
Chief Business Officer

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Teams

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Funding Insights of Agel

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2023 Amount Seed - Agel Valuation Plus VC , Flat6Labs

Investors in Agel

Agel has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Banque Misr, Plus VC and Flat6Labs.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage venture capital is provided to MENA startups by Plus VC.
Founded Year Domain Location
Startups are accelerated and funded via venture capital investments.
Founded Year Domain Location
Venture building and investment services are offered by SEEDRA.
Founded Year Domain Location

Investments & Acquisitions by Agel

Investments

Financial Statements - Agel

Agel Comparisons

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Competitors of Agel

Agel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Halan, MNT Halan, Kashat, CreditEnable and EFG Corp-Solutions, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
App-based platform for ride-hailing and on-demand delivery services
domain founded_year HQ Location
Consumer payments and loans are enabled via an online platform.
domain founded_year HQ Location
Business loans are provided through an Android app platform.
domain founded_year HQ Location
Business loans are connected via an online marketplace for SMEs.
domain founded_year HQ Location
Operates an online platform providing business loan solutions.

Latest news on Agel

Frequently Asked Questions about Agel

Agel was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Agel is headquartered in Maadi, Egypt. It is registered at Maadi, Cairo, Egypt.

Abdelrahman Saeed is the current CEO of Agel. They have also founded this company.

Agel was founded in 2021 in Maadi, Egypt, as an online lending platform focused on merchant financing within the fintech sector. Buy now pay later solutions are provided to small and medium businesses for purchasing goods and services. Loans are extended to Islamic companies, with operations supported by an Android app for user access. The platform facilitates financing tailored to merchant needs in the region.

Agel's top competitors include Halan, MNT Halan and Kashat.

Agel has 5 investors. Key investors include Banque Misr, Plus VC, Flat6Labs, SEEDRA Ventures, and Seedstars International Ventures.

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