MNZL
MNZL is an Egyptian fintech startup that allows users to leverage their assets, such as homes and cars, as collateral for loans. It uses a digital wallet concept to facilitate asset-backed lending, providing Egyptians with access to credit and financial empowerment. This innovative approach aims to revolutionize credit access in Egypt.
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Funding Round: Seed
Funding Amount: $3.5M
Date: 14-May-2024
Investors: P1 Ventures, Localglobe, Ingressive Capital, 500 Global, Flat6Labs, First Circle Capital, Enza Capital, Beenok, other angel investors
Markets: Fintech, Digital Lending, Asset-Backed Financing
HQ: Cairo, Egypt
Founded: 2023
Website: https://mnzl.co/
LinkedIn: https://www.linkedin.com/company/mnzl/
Facebook: https://www.facebook.com/mymnzl
Crunchbase: https://www.crunchbase.com/organization/mnzl
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