KIWE, an Egypt-based FinTech and E-payment solutions platform, has finished its first financing round, which was led by dfin Holding and included EFG Hermes, Marakez for Development, and a number of renowned angel investors.
KIWE was founded in 2019 with the goal of creating a cashless ecosystem through a large merchant network that offers customers the safest, simplest, and most engaging payment experience possible. KIWE has set out to empower freelancers and business owners by assisting them in identifying their targets, improving their customer experience, and accepting online and offline payments through a centralized platform and seamless payment solutions.
dfin seeks to catalyze the expansion of KIWE by implementing dfin’s tech-based financial services portfolio, employing EFG’s Valu as a primary payment method, and rolling out across Marakez’s portfolio of commercial and residential projects. Along with current investor EFG EV Fintech, this strategic investment and power alliance fit within dfins’ objective to build a stronger E-payments future.
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The funds will enable KIWE to further improve its platform and technology stack, allowing it to roll out additional services to broaden and diversify its FinTech offering.
KIWE fintech Egypt KIWE fintech Egypt
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer