Kashat

Cairo, Egypt Founded: 2019 • Age: 7 yrs Acquired By Raseedi
Business loans are provided through an Android app platform.
Annual revenue - Latest available
Total funding $1.8M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 1 Services tracked
Competitors 6 Brand Intelligence

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
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.75 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.75 M (USD), Seed

    Sep 12, 2021

  • Investors
    Raseedi

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    Raseedi

    (Jan 14, 2025)

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Products & Services of Kashat

Kashat offers a comprehensive portfolio of products and services, including Instant Nano Loans.

Product name locked
Category locked
Primary

Offers quick loans to unbanked individuals for immediate financial needs.

People of Kashat

Headcount 1-10
Employee Profiles 1
Employee Profiles
People
Shahryar Reza
Co-Founder

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Teams

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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.

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.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Locked Locked Locked
Venture capital fund focused on tech companies
Locked Locked Locked
Financial advice for payments and savings is offered.
Locked Locked Locked
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Investor details for Kashat

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by Kashat

Investments
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Investment portfolio details for Kashat

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Kashat

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Detailed financials for Kashat

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  • Profit trends
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Kashat Comparisons

Kashat Primary company
Description
Business loans are provided through an Android app platform.
Location
Cairo, Egypt
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Kashat

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  • Operating benchmarks

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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
Locked Locked Locked
App-based platform for ride-hailing and on-demand delivery services
Locked Locked Locked
Consumer payments and loans are enabled via an online platform.
Locked Locked Locked
Business loans are connected via an online marketplace for SMEs.
Locked Locked Locked
Online lending platform for merchant financing solutions
Locked Locked Locked
Operates an online platform providing business loan solutions.
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Detailed competitors of Kashat

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  • Domains and locations
  • Full company profiles
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  • Competitive positioning

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Latest news on Kashat

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Complete news archive for Kashat

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  • Older coverage
  • Brand-specific news history

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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.

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