Menthum Raises Pre-Seed Funding
Summary
Menthum, a Cairo, Egypt-based provider of a B2B and B2C digital savings platform, raised an undisclosed amount in Pre-Seed funding. The company intends to use the funds to expand its team across various functions, customer acquisition, brand building, and advance its tech infrastructure. Founded in 2021 by Himanshu Shrimali and Ismail Sarhank, Menthum is a FinTech company that leverages a purpose-built mutual fund, emerging payment rails and innovative workflow to create and provide a digital saving solution. The company is licensed and regulated by the Financial Regulatory Authority (FRA) of Egypt. The platform also enables SMEs and corporations to invest in its money market fund.
Funding
Amount
-
Total raised
Date
July 17, 2023
Announcement date
Investors
-
Lead investors
Company
http://www.menthum.com
Funded company
Classifications
industries
Fintech & Banking
applications
No applications detected
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