About Shahry
Shahry is a company based in Cairo (Egypt) founded in 2019 by Mohamed Ewis and Sherif ElRakabawy. Shahry has raised $650 thousand across 1 funding round from investors including EGBank. Shahry operates in a competitive market with competitors including Tabby, Tamara, Souhoola, Sympl and Blnk, among others.
- Headquarter Cairo, Egypt
- Founders Mohamed Ewis, Sherif ElRakabawy
- SectorsFinancial Services
- Email••••••••
- Website shahry.app
- Social LinkedIn
- Total Equity Funding$650K (USD)
in 1 rounds
- Latest Funding Round$650K (USD), Seed
May 2020
- Investors
Funding Insights of Shahry
Shahry has successfully raised a total of $650K through 1 strategic funding round. The most recent funding activity was a Seed round of $650 thousand completed in May 2020. 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 $650,000
- Total Rounds 1
- Last Round Seed — $650,000
- First Round $650,000
(May 2020)
- Investors Count 1
All 1 funding rounds of Shahry 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 2020 | $650,000 | Seed | – | EGBank | – |
1 investors in total: 1 institutional.
Investors in Shahry
Shahry has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include EGBank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking services are provided in Egypt. | 1981 | eg-bank.com | Giza, Egypt |
Investor details for Shahry
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 Shahry
10 people are tracked at Shahry (5 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Mohamed Ewis | Co-Founder & Managing Director | Leadership |
Sherif ElRakabawy | Co-Founder & CEO | Leadership |
Tamer Sherif | Chief Technology Officer (cto) | Leadership |
Ahmed Mansour | Head Of Products | Leadership |
Hadir Shereba | Head Of Customer Experience | Leadership |
Yara El-Nagar | Senior Product Designer | Team |
Amr Mohamed Ismaiel | Senior Android Engineer | Team |
Mohammed Abdelsalam | Mobile Team Leader | Team |
Ibrahim Abou Elenein | Backend Software Engineer | Team |
Mustafa M. A. U. Abughazy | Backend Team Lead | Team |
Complete people profiles for Shahry
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Shahry
2 dated milestones of Shahry across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Shahry is founded.
- Funding First funding round of $650K.
Competitors of Shahry
Shahry 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 Tabby, Tamara, Souhoola, Sympl and Blnk, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tabby.ai | 2019 | Dubai, United Arab Emirates | $604M | – | Purchase financing solutions are offered to businesses via installment payments. | |
| tamara.co | 2020 | Riyadh, Saudi Arabia | $556M | – | Buy-now-pay-later installment solutions are provided for retail shoppers. | |
| souhoola.com | 2019 | Cairo, Egypt | – | – | Offers an app-based platform for consumer finance and merchant payment management. | |
| sympl.ai | 2021 | Cairo, Egypt | $6M | – | Online platform for point of sale financing | |
| blnk.ai | 2020 | Giza, Egypt | $12.5M | – | Online platform offering point-of-sale financing loans for consumers | |
| qasatly.net | 2020 | Cairo, Egypt | – | – | Unbanked individuals are enabled to purchase products via point-of-sale financing. |
Detailed competitors of Shahry
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Shahry
Complete news archive for Shahry
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
Verified entity values are shown only after access is granted.
Similar companies to Shahry
10 companies that operate in the same segment as Shahry (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 Shahry
Shahry was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Shahry is headquartered in Cairo, Egypt.
Sherif ElRakabawy is the current CEO of Shahry. They have also founded this company.
Shahry is a funded company, having raised a total of $650K across 1 funding round to date. The company's 1st funding round was a Seed of $650K, raised on May 2020.
Shahry was founded in 2019 in Cairo, Egypt, as a fintech platform focused on purchase financing. Loans are offered through a mobile app available on Android devices, allowing customers to distribute purchase costs over time for both online and offline products. Payments are processed via credit or debit cards, digital wallets, Vodafone Cash, and other methods. Operations are centered in Egypt, serving local consumers with accessible financing options.
Shahry has 1 investor. Key investors include EGBank.