Cairo FinTech start-up Sympl raises $6m in expansion push – The National

Cairo FinTech start-up Sympl raises $6m in expansion push – The National

Sympl, a Cairo FinTech start-up, has raised $6 million following the soft launch of its platform last month.

The funding round was led by Dubai-based early-stage venture capital fund Beco Capital, along with participation from Global Ventures, an international VC firm in Dubai, and Cairo-headquartered VC firm A15.

The funds will be used to improve the product offerings and grow the company’s merchant network to “serve multiple product and service categories across online and in-store merchants”, Sympl said in a statement on Thursday.