About Mnzl
Mnzl is a company based in Cairo (Egypt) founded in 2022 by Ibrahim Safwat and Sameh Saleh.. Mnzl has raised $3.5 million across 1 funding round from investors including P1 Ventures, LocalGlobe and Ingressive Capital. Mnzl operates in a competitive market with competitors including Yuanbao, Weidai, Ocean Finance, FundingSecure and DhanLAP, among others.
- Headquarter Cairo, Egypt
- Founders Ibrahim Safwat, Sameh Saleh
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.5 M (USD)
in 1 rounds
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Latest Funding Round
$3.5 M (USD), Seed
May 08, 2024
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Investors
P1 Ventures
& 6 more
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Employee Count
Employee Count
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Funding Insights of Mnzl
Mnzl has successfully raised a total of $3.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.5 million completed in May 2024. 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 1
- Last Round Seed — $3.5M
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First Round
First Round
(08 May 2024)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Seed - Mnzl | Valuation | P1 Ventures , LocalGlobe |
| 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 |
investors |
Investors in Mnzl
Mnzl has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include P1 Ventures, LocalGlobe and Ingressive Capital. 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 funding is provided to African tech startups by P1 Ventures.
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Founded Year | Domain | Location | |
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Venture capital firm focused on seed-stage investments
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Founded Year | Domain | Location | |
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Early-stage investments are directed toward tech-enabled firms.
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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 Mnzl
| 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 - Mnzl
| 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 |
investors |
Mnzl Comparisons
Competitors of Mnzl
Mnzl 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 Yuanbao, Weidai, Ocean Finance, FundingSecure and DhanLAP, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online digital currency as a collateral-based P2P lending platform
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| domain | founded_year | HQ Location |
P2P lending secured by automobiles is offered in China.
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| domain | founded_year | HQ Location |
Personal and homeowner loans are brokered online for UK residents.
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| domain | founded_year | HQ Location |
Asset-backed personal loans are funded via an online P2P platform.
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| domain | founded_year | HQ Location |
A marketplace for asset-backed loans using various collateral is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Mnzl
Frequently Asked Questions about Mnzl
When was Mnzl founded?
Mnzl was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Mnzl located?
Mnzl is headquartered in Cairo, Egypt.
Who is the current CEO of Mnzl?
Sameh Saleh is the current CEO of Mnzl. They have also founded this company.
Is Mnzl a funded company?
Mnzl is a funded company, having raised a total of $3.5M across 1 funding round to date. The company's 1st funding round was a Seed of $3.5M, raised on May 08, 2024.
What does Mnzl do?
Digital wallet platform offering asset-backed loans. It is an online lending platform offers a marketplace platform that transforms property ownership into a digital wallet offering asset-backed financing. Its app is available for Android and iOS users.
Who are the top competitors of Mnzl?
Mnzl's top competitors include Yuanbao, Weidai and Ocean Finance.
Who are Mnzl's investors?
Mnzl has 7 investors. Key investors include P1 Ventures, LocalGlobe, Ingressive Capital, Flat6Labs, and 500 Global.