Browsing: Stitch

Mustafa Eid, Nader Abdelrazik and Anisha Sekar, co-founders, MoneyHash.

The funds which are an extension of an undisclosed six-figure raise MoneyHash announced last June from investors including Ventures Platform, Kepple Africa Ventures, LoftyInc Capital and lead COTU Ventures is aimed at fast-tracking the firm’s growth in the Middle East and Africa. 

MoneyHash started in Egypt early last year, allowing 17 companies to use its sandbox environment to connect with its API and access payments gateways such as Fawry, Paymob and PayTabs.

As more companies opt to digitize their operations across the board, most firms initially work with one or two payment processing providers. …