Disruptech Egypt Fund I (“Disruptech”) is a venture-capital fund committed to strengthening Egypt’s financial technologies (“Fintech”) ecosystem by financing start-ups and fostering an increasing number of enterprises in adjacent areas that are speeding financial inclusion. From seed-round investments through scaling and eventual growth, the fund supports these startups. The fund manager’s dedication to fostering the growth of Egypt’s nascent fintech industry matches with its larger mission to increase access to financial services throughout the country, thereby increasing financial inclusion and promoting economic growth in Egypt.
Disruptech and the AXIAN group both believe that fintech can bring to market efficient social problem-solving solutions. AXIAN s dedication to Disruptech exemplifies its approach, which claims that innovations and disruptive technology may improve the lives of individuals.
This investment aligns perfectly with the AXIAN group’s purpose to grow within the digital economy by promoting innovation-as-a-service to the communities it serves and by making new inventive solutions more available to the general public. The relationship between AXIAN and Disruptech will build a platform to explore synergies between its brands and start-ups in the Egyptian fintech and digital economy.
AXIAN is already present in various African nations.
“We are happy to be working with Axian. Too often, Egypt’s brilliant and skilled entrepreneurs are unable to get the funds necessary to build their firms. This fund is intended to change that and encourage the growth of the fintech/fintech-enabled sector in Egypt,” The Managing Partner of Disruptech is Mohamed Okasha
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“The Egyptian economy is among the fastest-growing markets in Africa. It is evidence of the talent and tenacity that are so fundamental to the African soul. Through this investment, AXIAN expresses its support for firms that push the limits of technology, reinvent themselves, or adapt the technology of today to meet the challenges of the future. In this manner, we may continue to establish bridges for the exchange of skills and innovations that promote broader financial inclusion throughout Africa,” Hassanein Hiridjee, CEO of the AXIAN group said.
Disruptech Axian Group Disruptech Axian Group
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh