Cairo - Sharikat Mubasher: MoneyHash, a leading payment orchestration platform in the Middle East and Africa (MEA) region, secured $5.2 million in a pre-series A funding round led by Flourish Ventures.
Vision Ventures, Arab Bank's Xelerate, and Emurgo Kepple Ventures participated in the round, along with existing investors including COTU, RZM Investment, and others, the company announced in a statement today.
MoneyHash will utilize the new investment to accelerate its market penetration in the region while laying the groundwork for strategic expansion into additional emerging markets.
This round underscored the company’s exceptional growth trajectory, validated by its successful partnerships with prominent brands and remarkable performance metrics across both regional and global markets.