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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers quick loans to unbanked individuals for immediate financial needs.
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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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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on tech companies
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Financial advice for payments and savings is offered.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kashat
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Kashat
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| 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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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Kashat
Frequently Asked Questions about Kashat
When was Kashat founded?
Kashat was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Kashat located?
Kashat is headquartered in Cairo, Egypt.
Who is the current CEO of Kashat?
Karim Nour is the current CEO of Kashat. They have also founded this company.
Is Kashat a funded company?
Kashat is a funded company, having raised a total of $1.75M across 2 funding rounds to date.
What does Kashat do?
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.
Who are the top competitors of Kashat?
Kashat's top competitors include Halan, MNT Halan and CreditEnable.
What products or services does Kashat offer?
Kashat offers Instant Nano Loans.
Who are Kashat's investors?
Kashat has 3 investors. Key investors include Raseedi, Cairo Angels, and Launch Africa.
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