CreditFins raises pre-Seed round for its credit card management platform

CreditFins raises pre-Seed round for its credit card management platform

Cairo-based fintech startup CreditFins has raised a Pre-Seed funding round led by Flat6Labs, AUC Angels, TA Telecom Holding, and other strategic angel investors. The amount raised was not disclosed.

Founded in 2020 by Sherif Radi, Gamal Eldin Sadek and Norhan El Sakkout, CreditFins is a credit card management platform that helps users track and repay their credit card debt in lower monthly instalments, saving up to 20-50 per cent in interest.

The startup aspires to launch its new product "CreditFins Alpha" card, introducing more features to its solution as it strives to make its credit card management platform more compelling to a wider customer base.

Press release:

Cairo-based Credit Card management platform and fintech startup CreditFins has successfully acquired an undisclosed amount in a Pre-Seed funding round led by Flat6Labs, AUC Angels, TA Telecom Holding, and other strategic angel investors with backgrounds in technology and investment. This latest funding round adds to the 10PP growth in early-stage investments (of ticket sizes lower than $500,000) Egypt observed in H1 2021 YoY.

Fintech startup CreditFins helps users repay their Credit Card debt while saving money. It is a cheaper, more convenient solution for debt repayment through fixed, lower monthly instalments as part