MoneyHash raises $3 million pre-Seed funding
Summary
• Founded in late 2020 by Nader Abdelrazik, Mustafa Eid and Anisha Seka, MoneyHash allows companies to build a payment stack that fits their needs. MoneyHash, an Egyptian fintech startup based in the US building the Middle East and Africa’s first Super-API for payment orchestration and revenue operations, emerged from beta to launch its platform across MEA. “Each expansion can take an in-house tech team 3-10 weeks, not to mention the ongoing demands of reporting reconciliation, operational inefficiencies, and technical vulnerabilities,” says Mustafa Eid, co-founder and CTO at MoneyHash. The team has conducted extensive user research with over 150 companies, engaged multiple providers across the region, and built a comprehensive suite of tools. Combined, they have over 30 years of experience and worked for 11 startups, in addition to an impressive portfolio of employers and education such as Microsoft, UpWork, NerdWallet, UC Berkeley, SigFig, and Brown University.