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  1. Mubasher News
  2. Egypt’s Lucky raises $23mn Series B to expand consumer credit services

Egypt’s Lucky raises $23mn Series B to expand consumer credit services

GHADA.ISMAIL
Apr 7, 2026
Fintech platform plans North Africa expansion and stronger infrastructure as it moves toward neo-banking capabilities

Cairo – Sharikat Mubasher: Egyptian fintech platform Lucky App secured $23 million in a Series B funding round, combining equity and debt, as the company looks to expand its consumer credit services and enter new regional markets.

As per a recent press release, the round attracted participation from Disruptech Ventures and Development Partners International through the Nclude fund, alongside strategic investments from Suez Canal Bank and OneStop. Tech investor Mohamed Farouk, who chaired the investment through OneStop, has also been appointed chairman of Lucky’s board.

Lucky said the new capital will help scale its credit offerings, strengthen technology infrastructure, and support regulatory readiness as it works toward becoming a neo-banking-ready platform. The company is also planning to expand into North African markets as part of its next growth phase.

The funding follows a strong growth period for the Cairo-based fintech, which reported threefold annual growth in 2025 and achieved profitability by the end of the year. The company focuses on consumer credit and financial services aimed at supporting Egypt’s push toward a more digitally inclusive financial system.

Founded to simplify access to credit, Lucky has built a growing network of merchant and financial institution partnerships across Egypt. The company is also preparing to obtain payment service provider licensing as regulators advance digital onboarding and payment frameworks in the country’s rapidly evolving fintech sector.

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fundraising
credit services
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