About Sympl
Sympl is a company based in Cairo (Egypt) founded in 2021 by Karim Tawfik, Yasmine Mohamed Henna, and Mohamed El-Shabrawy El-Feky. Sympl has raised $6 million across 1 funding round from investors including A15, BECO Capital and Global Ventures. Sympl operates in a competitive market with competitors including Tabby, Tamara, Souhoola, Shahry and Blnk, among others.
- Total Equity Funding$6M (USD)
in 1 rounds
- Latest Funding Round$6M (USD), Seed
Nov 2021
- InvestorsA15
& 2 more
Funding Insights of Sympl
Sympl has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Seed round of $6 million 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 $6M
- Total Rounds 1
- Last Round Seed — $6M
- First Round $6M
(Nov 2021)
- Investors Count 3
All 1 funding rounds of Sympl 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 | $6M | Seed | – | BECO Capital |
3 investors in total: 3 institutional.
Investors in Sympl
Sympl has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include A15, BECO Capital and Global Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A venture capital firm focused on early-stage tech investments. | – | a15.com | - | |
Venture capital investments are provided to startups in the Gulf and MENA region. | – | becocapital.com | Dubai, United Arab Emirates | |
Investments are directed toward growth-stage tech firms in emerging markets. | – | global.vc | Dubai, United Arab Emirates |
Investor details for Sympl
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 Sympl
3 people are tracked at Sympl (3 in leadership).
| Name | Role | Group |
|---|---|---|
Karim Tawfik | Co-Founder | Leadership |
Yasmine Mohamed Henna | Co-Founder | Leadership |
Mohamed El-Shabrawy El-Feky | Co-Founder & CEO | Leadership |
Complete people profiles for Sympl
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Sympl
2 dated milestones of Sympl, from founding to its latest funding, stage changes and deals.
- Founded Sympl is founded.
- Funding First funding round of $6.0M.
Competitors of Sympl
Sympl 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, Shahry 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. | |
| shahry.app | 2019 | Cairo, Egypt | $650,000 | – | App-based platform for purchase 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 Sympl
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Sympl
The website of Sympl (sympl.ai) receives about 20.6K visits a month.
- Monthly visits20.6K
▼ 56.2% vs previous month
Websites whose visitors overlap most with Sympl. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| geidea.net | 100% | 215.3K | #140,823 | View details | |
| fawry.com | 100% | 116.9K | #351,465 | View details | |
| google.com | 86% | 85.8B | #1 | View details | |
| facebook.com | 83% | 12.1B | #3 | View details | |
| instagram.com | 80% | 7.1B | #4 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Sympl
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Sympl
Complete news archive for Sympl
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 Sympl
10 companies that operate in the same segment as Sympl (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 Sympl
Sympl was founded in 2021.
Sympl is headquartered in Cairo, Egypt.
Mohamed El-Shabrawy El-Feky is the current CEO of Sympl. They have also founded this company.
Sympl is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Seed of $6M, raised on Nov 2021.
Sympl was founded in 2021 in Cairo, Egypt, within the fintech sector. An online platform is operated to enable point-of-sale financing, allowing users to purchase products from partnered sellers and repay in monthly installments. Online buying is supported from listed merchants, while a dedicated portal is provided for businesses to register for both online and offline access. Operations focus on expanding the partnered network in the region.
Sympl has 3 investors. Key investors include A15, BECO Capital, and Global Ventures.