About Sahl
Sahl is a company based in Giza (Egypt) founded in 2020. It operates as a FinTech. Sahl has raised $6 million across 1 funding round from investors including Ayady, El-Delta and e-finance. Sahl offers products and services including Electricity Card Charging and Unified Payment Platform. Sahl operates in a competitive market with competitors including Fawry, Khazna, myFawry and Billing Wave, among others.
- Headquarter Giza, Egypt
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sahlpay
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6 M (USD)
in 1 rounds
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Latest Funding Round
$6 M (USD), Series A
Jun 10, 2024
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Investors
Ayady
& 2 more
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Employee Count
Employee Count
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Products & Services of Sahl
Sahl offers a comprehensive portfolio of products and services, including Electricity Card Charging and Unified Payment Platform. 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.
Electricity cards are charged using NFC technology via app.
Payments for services are managed in one convenient place.
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Funding Insights of Sahl
Sahl has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in June 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 Series A — $6.0M
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First Round
First Round
(10 Jun 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - Sahl | Valuation | Ayady |
| 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 Sahl
Sahl has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Ayady, El-Delta and e-finance. 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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Founded Year | Domain | Location | |
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Delivers comprehensive IT solutions including networking, software development, analytics, and cloud computing services.
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Founded Year | Domain | Location | |
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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 Sahl
| 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 - Sahl
| 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 |
Sahl Comparisons
Competitors of Sahl
Sahl 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 Fawry, Khazna, myFawry and Billing Wave, 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 |
Bill payments are enabled via an app-based platform for consumers.
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| domain | founded_year | HQ Location |
Digital wallet platform for individuals
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| domain | founded_year | HQ Location |
Offers wallet-enabled money transfer and bill payment solutions for consumers.
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| domain | founded_year | HQ Location |
Upcoming billing service offering email updates for users.
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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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Frequently Asked Questions about Sahl
When was Sahl founded?
Sahl was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is Sahl located?
Sahl is headquartered in Giza, Egypt.
Is Sahl a funded company?
Sahl is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series A of $6M, raised on Jun 10, 2024.
What does Sahl do?
Sahl is established as a mobile application provider focused on payment solutions in Egypt. Services are offered for charging electricity cards using NFC technology and managing various payments through a unified platform. Accessibility is ensured 247 for users across the country. The company is partnered with over 20 entities to enhance financial processes. Customer support is provided to ensure prompt and satisfactory experiences for all users.
What products or services does Sahl offer?
Sahl offers Electricity Card Charging and Unified Payment Platform.
Who are Sahl's investors?
Sahl has 3 investors. Key investors include Ayady, El-Delta, and e-finance.
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