About Raseedi
Raseedi is a company based in Cairo (Egypt) founded in 2019 by Samuel Abd El Malak. Raseedi has raised $1.25 million across 2 funding rounds from investors including Samurai Incubate, 500 Global and EFG EV Fintech. Raseedi has completed 1 acquisition, including Kashat. Raseedi offers products and services including Raseedi Dialer, RaseediKash, and RaseediPay. Raseedi operates in a competitive market with competitors including Wafra and Du Invest, among others.
- Headquarter Cairo, Egypt
- Founders Samuel Abd El Malak
- SectorsTechnology
- Website raseediapp.com
- Social LinkedIn Facebook Instagram
- Legal Name Raseedi Bv Holding
- Total Equity Funding$1.25M (USD)
in 2 rounds
- Latest Funding Round$850K (USD), Seed
Nov 2021
- InvestorsSamurai Incubate
& 3 more
- Investments & Acquisitions
Products & Services of Raseedi
Raseedi offers a comprehensive portfolio of products and services, including Raseedi Dialer, RaseediKash, and RaseediPay.
App for making free calls and earning loyalty points.
Service for instant cash loans with minimal documentation.
Platform for recharges, bill payments, and cashback rewards.
Apps and channels of Raseedi
Raseedi publishes 1 mobile app with over 1M+ downloads.
Funding Insights of Raseedi
Raseedi has successfully raised a total of $1.25M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $850 thousand completed in November 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 $1.25M
- Total Rounds 2
- Last Round Seed — $850,000
- First Round $400,000
(Dec 2019)
- Investors Count 4
All 2 funding rounds of Raseedi 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 |
|---|---|---|---|---|---|
| Nov 2021 | $850,000 | Seed | – | – | |
| Dec 2019 | $400,000 | Seed | – | – |
4 investors in total: 4 institutional.
Investors in Raseedi
Raseedi has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Samurai Incubate, 500 Global and EFG EV Fintech.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and acceleration are provided to tech startups. | – | 500.co | Ho Chi Minh City, Vietnam | |
- | – | efgev.com | - | |
Support is provided to Egyptian tech startups for growth. | – | falakstartups.com | Cairo, Egypt | |
Early-stage tech startups are funded and accelerated by Samurai Incubate. | 2008 | samurai-incubate.co.jp | Minato, Japan |
Investor details for Raseedi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Raseedi
1 people are tracked at Raseedi (1 in leadership).
| Name | Role | Group |
|---|---|---|
Samuel Abd El Malak | Co-Founder | Leadership |
Complete people profiles for Raseedi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Investments & Acquisitions by Raseedi
Raseedi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Kashat.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Business loans are provided through an Android app platform. | kashat.com.eg | Cairo, Egypt | 2019 | Jan 2025 | •••• |
Complete acquisition details for Raseedi
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- Acquired stakes
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- Complete history
- Exports
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Timeline of Raseedi
4 dated milestones of Raseedi across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Raseedi is founded.
- Funding First funding round of $400K.
- Funding Latest funding round, Seed, of $850K.
- Acquisition Acquires Kashat.
Competitors of Raseedi
Raseedi 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 Wafra and Du Invest, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wafra-eg.com | 1999 | Giza, Egypt | – | – | Long-term financial planning and advisory services are delivered online. | |
| duinvest.com | 2009 | Cairo, Egypt | – | – | App-based platform for individual investment advisory services. |
Detailed competitors of Raseedi
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Raseedi
The website of Raseedi (raseediapp.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 0.9% vs previous month
Latest news on Raseedi
Complete news archive for Raseedi
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 Raseedi
10 companies that operate in the same segment as Raseedi (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Frequently Asked Questions about Raseedi
Raseedi was founded in 2019.
Raseedi is headquartered in Cairo, Egypt.
Raseedi is a funded company, having raised a total of $1.25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $400K, raised on Dec 2019.
Raseedi was founded in 2019 in Cairo, Egypt, as a fintech company focused on financial advisory services. Operations include free calls over WiFi or data, daily saving codes, and options for credit and bill payments. The platform supports users in managing everyday financial needs through accessible tools, primarily serving the Egyptian market with digital solutions for savings and transactions.
Raseedi offers Raseedi Dialer, RaseediKash, and RaseediPay.
Raseedi has made 1 acquisition, including Kashat.
Raseedi has 4 investors. Key investors include Samurai Incubate, 500 Global, EFG EV Fintech, and Falak Startups.
Raseedi operates through Raseedi Bv Holding.
Yes. Raseedi publishes Raseedi - Call,Pay & Pay later, with over 1 million downloads.