FinTech
Hedge Funds & Alternative Investments
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IFC invests $5mln in Egypt fund to support fintech startups
The International Finance Corporation will invest $5 million in Egypt’s venture capital fund Disruptech, to support the development of fintech startups. Disruptech, which aims to provide seed capital for up to 25 startups, was founded in 2020 by Mohamed Okasha, co-founder and former managing director of Egypt’s FinTech firm Fawry….
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