Balad

Cairo, Egypt Founded: 2022 • Age: 4 yrs
Cross-border payments are facilitated via API across multiple channels.
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Balad

Balad is a company based in Cairo (Egypt) founded in 2022 by Adham Azzam and Mohamed Assem. Balad offers products and services including API Integration and Payment Platform. Balad operates in a competitive market with competitors including Wallex, TransferMate, Fable Fintech, Payall and Keeta, among others.

  • Headquarter Cairo, Egypt
  • Founders Adham Azzam, Mohamed Assem
  • Sectors
    Financial Services
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  • Legal Name Balad Technologies Sae
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Latest Funding Round
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Products & Services of Balad

Balad offers a comprehensive portfolio of products and services, including API Integration and Payment Platform.

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Primary

Enables secure and efficient cross-border transaction processing.

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Facilitates seamless cross-border payouts for businesses worldwide.

People of Balad

Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Adham Azzam
CEO/Co-Founder
People
Mohamed Magdi
VP Of Engineering
People
Esraa Alaa
Marketing Specialist
People
Ahmed Mohamed Tawfek
Senior Software Quality Engineer

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Funding Insights of Balad

Investors in Balad

Balad has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Acasia Ventures, Launch Africa and Future Africa.

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Venture Fund
Investor Description Founded Year Domain Location
Acasia Ventures is focused on investing in early-stage startups.
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Venture capital fund focused on tech companies
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Venture capital firm investing in multiple sectors
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Investor details for Balad

Investor domains, locations, round participation, and complete history require an active premium plan.

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  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Balad

Investments
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Investment portfolio details for Balad

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
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Financial Statements - Balad

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Detailed financials for Balad

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  • Profit trends
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Balad Comparisons

Balad Primary company
Description
Cross-border payments are facilitated via API across multipl...
Location
Cairo, Egypt
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Balad

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Balad

Balad 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 Wallex, TransferMate, Fable Fintech, Payall and Keeta, among others.

Company Name Domain Founded year HQ Location Description
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Cross-border payments acceptance and management solution for businesses
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International B2B payments and receivables are processed globally.
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End-to-end cross-border payment solutions are provided for businesses via SaaS.
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Cross-border remittance solutions for banks are developed and provided.
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Cross-border monetary transactions are enabled via global payment integration.
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Detailed competitors of Balad

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Latest news on Balad

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Complete news archive for Balad

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Frequently Asked Questions about Balad

Balad was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Balad is headquartered in Cairo, Egypt.

Adham Azzam is the current CEO of Balad. They have also founded this company.

Balad was founded in 2022 in Cairo, Egypt, within the fintech sector focused on payments. A cross-border payout network is provided to enable integration, embedding, and execution of international transfers. Solutions are targeted at Money Transfer Operators, fintech firms, and mobile wallets. Operations are supported through a B2B web API that streamlines payment processing across various channels.

Balad's top competitors include Fable Fintech, Wallex and TransferMate.

Balad offers API Integration and Payment Platform.

Balad has 6 investors. Key investors include Acasia Ventures, Launch Africa, Future Africa, Magic Fund, and Sunny Side Venture Partners.

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