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
- SectorsFinancial Services
- Website kashat.com.eg
- Social LinkedIn X Facebook
- Acquired by Raseedi (Jan 2025)
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.
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 $1.75M
- Total Rounds 2
- Last Round Seed — $1.75M
- Investors Count 2
All 2 funding rounds of Kashat with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | $1.75M | Seed | – | Launch Africa | |
| Apr 2021 | – | Seed | – | Cairo Angels | – |
3 investors in total: 3 institutional.
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 |
|---|---|---|---|---|
- | – | cairoangels.com | - | |
Venture capital fund focused on tech companies | – | launchafrica.vc | Ebene City, Mauritius | |
Financial advice for payments and savings is offered. | 2019 | raseediapp.com | Cairo, Egypt |
Investor details for Kashat
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Kashat
2 people are tracked at Kashat (2 in leadership).
| Name | Role | Group |
|---|---|---|
Karim Nour | Co-Founder & CEO | Leadership |
Shahryar Reza | Co-Founder | Leadership |
Complete people profiles for Kashat
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Kashat
4 dated milestones of Kashat across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Kashat is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $1.8M.
- Exit Acquired by Raseedi.
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 | 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. | |
| creditenable.com | 2017 | London, United Kingdom | $5.05M | – | Business loans are connected via an online marketplace for SMEs. | |
| agel.io | 2021 | Maadi, Egypt | – | – | Online lending platform for merchant financing solutions | |
| efgcorpsolutions.com | 2023 | Giza, Egypt | – | – | Operates an online platform providing business loan solutions. |
Detailed competitors of Kashat
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Kashat
The website of Kashat (kashat.com.eg) receives about 1.7K visits a month.
- Monthly visits1.7K
▼ 2.9% vs previous month
Latest news on Kashat
Complete news archive for Kashat
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
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Similar companies to Kashat
10 companies that operate in the same segment as Kashat (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
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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.
Yes. Kashat was acquired by Raseedi in January 2025.