About Mnzl
Mnzl is a Financial Services 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. Its chief executive, as recorded, is Sameh Saleh. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans.
Company details
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.
- Headquarters Cairo, Egypt
- Founders Ibrahim Safwat, Sameh Saleh
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website mnzl.co/en-EG
- Social LinkedIn Facebook
- Total Equity Funding$3.5M (USD)
in 1 rounds
- Latest Funding Round$3.5M (USD), Seed
May 2024
- InvestorsP1 Ventures
& 6 more
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 $3.5M
- Total Rounds 1
- Last Round Seed — $3.5M
- First Round $3.5M
(May 2024)
- Investors Count 7
All 1 funding rounds of Mnzl 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 |
|---|---|---|---|---|---|
| May 2024 | $3.5M | Seed | – | P1 Ventures, LocalGlobe |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funding is provided to African tech startups by P1 Ventures. | p1.ventures | Grand Cayman, Cayman Islands | ||
Venture capital firm focused on seed-stage investments | localglobe.vc | London, United Kingdom | ||
Early-stage investments are directed toward tech-enabled firms. | ingressivecapital.com | London, United Kingdom | ||
Startups are accelerated and funded via venture capital investments. | flat6labs.com | Cairo, Egypt | ||
Venture capital and acceleration are provided to tech startups. | 500.co | Ho Chi Minh City, Vietnam | ||
First Circle Capital is focused on investing in African FinTech startups. | firstcirclecap.com | |||
Enza Capital is engaged in venture capital investments across Africa. | enza.capital | Nairobi, Kenya |
Investor details for Mnzl
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Mnzl
7 people are tracked at Mnzl (5 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Ibrahim Safwat | Co-Founder | Leadership |
Ahmed Dessouky | CTO | Leadership |
Sameh Saleh | Co-Founder & CEO | Leadership |
Omar Roushdy | Head Of Product | Leadership |
Shahinaz Hussein | Chief Of Staff | Leadership |
Austin Matsick | Principal Engineer | Team |
Kristian Sørensen | Lead Engineer | Team |
Complete people profiles for Mnzl
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Mnzl
2 dated milestones of Mnzl across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Mnzl is founded.
- Funding First funding round of $3.5M.
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Frequently Asked Questions about Mnzl
Mnzl was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Mnzl is headquartered in Cairo, Egypt.
Sameh Saleh is the CEO of Mnzl, as recorded in our data. They have also founded this 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 2024.
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.
Mnzl has 7 investors. Key investors include P1 Ventures, LocalGlobe, Ingressive Capital, Flat6Labs, and 500 Global.