EFG EV FINTECH
VC · Cairo (Egypt)
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About
EFG EV FINTECH is an Accelerator specializing in, series A, early stage, post- seed and later stage startups. The firm takes equity stake ranging between 5 percent and 10 percent. It seeks to invest disruptive technology such as fintech, payment, Insurtech, regtech, proptech, money transfer, saving, investing, block-chain enabled platform, infrastructure technology, borrowing, capital raising, Robo-advisor and wealth management. The firm prefers to invest in Egypt. It seeks to invest in E£1 million ($0.06 million) via accelerator and up to E£5 million ($0.32 million) in funding via direct investment. They offer a four-month program. Typically, the firm would select ten companies twice a year. The accelerator prefers investing in teams of at least two founders. EFG EV FINTECH is based in Cairo, Egypt.
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