Menthum Raises Pre-Seed Funding

Funding Rounds

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

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Fintech & Banking
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