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.
- InvestorsBanque Misr
& 4 more
Funding Insights of Agel
- Total Rounds 1
- Investors Count 5
All 1 funding rounds of Agel with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
5 investors in total: 5 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital is provided to MENA startups by Plus VC. | – | plus.vc | - | |
Startups are accelerated and funded via venture capital investments. | – | flat6labs.com | Cairo, Egypt | |
Venture building and investment services are offered by SEEDRA. | – | seedra.com | - | |
Investments are made in pre-seed and seed stage tech startups. | – | seedstars-international.vc | Carouge, Switzerland | |
Commercial banking services are offered by Banque Misr in Egypt. | 1920 | banquemisr.com | Cairo, Egypt |
Investor details for Agel
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Agel
3 people are tracked at Agel (3 in leadership).
| Name | Role | Group |
|---|---|---|
Ahmed El Sherbiny | Co-Founder | Leadership |
Abdelrahman Saeed | Co-Founder & CEO | Leadership |
Ahmed Salah Seddik | Chief Business Officer | Leadership |
Complete people profiles for Agel
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Agel
2 dated milestones of Agel across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Agel is founded.
- Funding First funding round.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| halan.com | 2017 | Cairo, Egypt | $19.89M | – | App-based platform for ride-hailing and on-demand delivery services | |
| mnt-halan.com | 2017 | Giza, Egypt | $667.5M | – | Consumer payments and loans are enabled via an online platform. | |
| kashat.com.eg | 2019 | Cairo, Egypt | $1.75M | – | Business loans are provided through an Android app platform. | |
| creditenable.com | 2017 | London, United Kingdom | $5.05M | – | Business loans are connected via an online marketplace for SMEs. | |
| efgcorpsolutions.com | 2023 | Giza, Egypt | – | – | Operates an online platform providing business loan solutions. | |
| samafinance.com | 1997 | Cairo, Egypt | – | – | A platform delivering various financial solutions to users. |
Detailed competitors of Agel
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Agel
Complete news archive for Agel
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Agel
10 companies that operate in the same segment as Agel (Islamic FinTech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
FWD Group is recognized as an innovative insurance provider. | 2013 | Hong Kong, China | USD 1.83 B | USD 4.35 B | – | |
Business loans are connected via an online P2P lending platform. | 2015 | Jakarta, Jakarta, Indonesia | USD 254.32 M | – | – | |
Micro-entrepreneurs and SMEs are linked to investors through P2P lending. | 2010 | Cilandak, Jakarta, Indonesia | USD 53 M | – | – | |
Shariah-compliant investments and savings are offered to individuals. | 2017 | New York, New York, United States | USD 95 M | – | – | |
Buy-now-pay-later installment solutions are provided for retail shoppers. | 2020 | Riyadh, Saudi Arabia | USD 556 M | – | – | |
Unpaid invoices are financed through an online P2P marketplace. | 2019 | Riyadh, Saudi Arabia | USD 35.17 M | – | – | |
Embedded finance solutions are provided for small businesses. | 2007 | London, England, United Kingdom | USD 42 M | – | – | |
Abhi is recognized as a fintech company in Pakistan. | 2021 | Karachi, Sindh, Pakistan | USD 19.13 M | – | – | |
Financial services are provided for MSMEs, investors, and businesses. | 2015 | Lahore, Punjab, Pakistan | USD 24.5 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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 has 5 investors. Key investors include Banque Misr, Plus VC, Flat6Labs, SEEDRA Ventures, and Seedstars International Ventures.