Egypt’s Fincart Raises $2.8m to Expand E-Commerce Platform

Egyptian e-commerce technology startup Fincart has raised an oversubscribed $2.8 million Seed funding round to accelerate the development of its AI-powered merchant platform and expand across the Middle East and Africa.

The round was co-led by Launch Africa and Antler MENAP, with participation from Yango Ventures, Five35 Ventures, Bluestream Capital, Hi2 Global, Kalahari Venture Labs and other regional investors. The funding follows Fincart’s pre-Seed round in early 2025, which was led by Plus…