Cairo Angels Make Its First Nigerian Investment In BNPL Startup
Jun 15, 2022 ·
1m 32s
Egypt’s first network of angel investors announced its investment of an undisclosed amount in Nigerian fintech company CredPal. Cairo Angels’ investment, was made through the Cairo Angels Syndicate Fund, a...
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Egypt’s first network of angel investors announced its investment of an undisclosed amount in Nigerian fintech company CredPal.
Cairo Angels’ investment, was made through the Cairo Angels Syndicate Fund, a micro venture capital fund that invests between $100,000 and $250,000 in post-seed and pre-series A startups across the Middle East and Africa.
CredPal says that it serves over 85,000 active customers and works with more than 4,000 active merchants and that customers can use the service for transactions from ₦2,000 up to ₦5 million.
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Cairo Angels’ investment, was made through the Cairo Angels Syndicate Fund, a micro venture capital fund that invests between $100,000 and $250,000 in post-seed and pre-series A startups across the Middle East and Africa.
CredPal says that it serves over 85,000 active customers and works with more than 4,000 active merchants and that customers can use the service for transactions from ₦2,000 up to ₦5 million.
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