About Kashat
Kashat is a company based in Cairo (Egypt) founded in 2019 by Karim Nour was acquired by Raseedi in January 2025. Kashat has raised $1.75 million across 2 funding rounds from investors including Raseedi, Cairo Angels and Launch Africa. Kashat offers products and services including Instant Nano Loans. Kashat operates in a competitive market with competitors including Halan, MNT Halan, CreditEnable, Agel and EFG Corp-Solutions, among others.
- Headquarter Cairo, Egypt
- Founders Karim Nour
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Sectors
Financial Services
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Phone
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Website
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Social
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Products & Services of Kashat
Kashat offers a comprehensive portfolio of products and services, including Instant Nano Loans.
Offers quick loans to unbanked individuals for immediate financial needs.
People of Kashat
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Funding Insights of Kashat
Kashat has successfully raised a total of $1.75M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.75 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.8M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2021 | Amount | Seed - Kashat | Valuation | Launch Africa | |
| Apr, 2021 | Amount | Seed - Kashat | Valuation | Cairo Angels |
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Investors in Kashat
Kashat has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Raseedi, Cairo Angels and Launch Africa.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Venture capital fund focused on tech companies
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Founded Year | Domain | Location | |
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Financial advice for payments and savings is offered.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kashat
Financial Statements - Kashat
Kashat Comparisons
Competitors of Kashat
Kashat 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, CreditEnable, Agel and EFG Corp-Solutions, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
App-based platform for ride-hailing and on-demand delivery services
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| domain | founded_year | HQ Location |
Consumer payments and loans are enabled via an online platform.
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| domain | founded_year | HQ Location |
Business loans are connected via an online marketplace for SMEs.
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| domain | founded_year | HQ Location |
Online lending platform for merchant financing solutions
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| domain | founded_year | HQ Location |
Operates an online platform providing business loan solutions.
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Frequently Asked Questions about Kashat
Kashat was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Kashat is headquartered in Cairo, Egypt.
Karim Nour is the current CEO of Kashat. They have also founded this company.
Kashat is a funded company, having raised a total of $1.75M across 2 funding rounds to date.
Kashat was founded in 2019 in Cairo, Egypt, as a fintech platform focused on business loans. Access is enabled via a mobile app available on Android devices, where users submit personal, business, and national ID details for registration. Loan repayments are handled through the app using credit or debit cards and bank transfers. Operations are centered in Egypt, with the domain kashat.com.eg.
Kashat's top competitors include Halan, MNT Halan and CreditEnable.
Kashat offers Instant Nano Loans.
Kashat has 3 investors. Key investors include Raseedi, Cairo Angels, and Launch Africa.