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MNZL - Seed
Overview
Funding Date
May 16, 2024
Financing amount
$3.5M
Valuation
--
Category
Subcategory
About MNZL - Seed
The Egyptian fintech startup, Mnzl, recently raised $3.5 million in a seed funding round led by P1 Ventures, LocalGlobe, and Ingressive Capital. Other participants in the round included 500 Global, Flat6Labs, First Circle Capital, Enza Capital, beenok, and unnamed angel investors.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | -- | 3 | -- | ||
| Fund | United Kingdom | 1999 | 9 | -- | ||
| Fund | Nigeria | -- | 2 | -- | ||
| Fund | United States of America | 2010 | 23 | -- | ||
| Corporate | Egypt | -- | 1 | -- | ||
| Corporate | Unknown | 2021 | 1 | -- | ||
| Corporate | Kenya | -- | 1 | -- | ||
| Corporate | Unknown | 2016 | 1 | -- |
Founders & Team
Sameh Saleh
Company Profile / Project Introduction
MNZL allows users to transform their assets like homes and cars into liquidity for their projects and needs. The startup has introduced a wallet concept to asset-backed lending, which allows home and car owners to upload their assets into a digital wallet, and turn it into cash that they can borrow for their needs.