About telda
telda is a company based in Cairo (Egypt) founded in 2019 by Youssef Sholqamy. telda has raised $25 million across 2 funding rounds from investors including Block, Global Founders Capital and Class 5. telda has completed 1 acquisition, including unknown. telda offers products and services including Telda App and Telda Card. telda operates in a competitive market with competitors including MoneyGram, Halan, MNT Halan, CarePay and NGPay, among others.
- Headquarter Cairo, Egypt
- Founders Youssef Sholqamy
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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Products & Services of telda
telda offers a comprehensive portfolio of products and services, including Telda App and Telda Card.
App for sending, requesting, and managing money transfers securely
Card for global spending, withdrawals, and transaction tracking
People of telda
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Funding Insights of telda
telda has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $20 million completed in October 2022. 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 2
- Last Round Seed — $20.0M
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First Round
First Round
(17 May 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Seed - telda | Valuation | Global Founders Capital , Sequoia Capital |
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| May, 2021 | Amount | Seed - telda | Valuation | Sequoia Capital |
Investors in telda
telda has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Block, Global Founders Capital and Class 5.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on early-stage startups
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Founded Year | Domain | Location | |
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Venture capital firm investing in multiple sectors
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location |
Investments & Acquisitions by telda
telda has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include unknown.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Limited information available on City Capital entity.
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0 |
Financial Statements - telda
Telda Comparisons
Competitors of telda
telda 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 MoneyGram, Halan, MNT Halan, CarePay and NGPay, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
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| domain | founded_year | HQ Location |
App-based platform for ride-hailing and on-demand delivery services
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| domain | founded_year | HQ Location |
Consumer payments and loans are enabled via an online platform.
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| domain | founded_year | HQ Location |
Provider of a health insurance platform for global insurers
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| domain | founded_year | HQ Location |
Multi-category products are offered through an online marketplace.
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Frequently Asked Questions about telda
telda was founded in 2019 and raised its 1st funding round 2 years after it was founded.
telda is headquartered in Cairo, Egypt. It is registered at Cairo, Cairo Governorate, Egypt.
telda is a funded company, having raised a total of $25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on May 17, 2021.
Telda was founded in 2019 in Masr Al Jadidah, Egypt, within the fintech sector. Operations focus on a mobile application serving as a digital wallet for everyday transactions. Services encompass money transfers, bill payments, and merchant transactions, supported by biometric authentication and expense tracking features. The app is accessible on both Android and iOS platforms for users in the region.
telda offers Telda App and Telda Card.
telda has made 1 acquisition, including unknown.
telda has 4 investors. Key investors include Block, Global Founders Capital, Class 5, and Sequoia Capital.