Egyptian food ordering startup, Koinz, has secured USD 4.8 Mn in a seed round led by Justin Mateen, the founder and former CMO of global dating app, Tinder. Other investors who participated include 4DX Ventures, and angel investors from Egypt, Saudi Arabia, and Turkey.
Cairo-based Koinz offers a variety of products, such as a consumer app which offers restaurant listings, allowing users to find places to eat and order delivery. The platform, via its rewarding system, enables users to earn loyalty points as they place orders, which can be redeemed at the same restaurant.
Access To 12-Month WT Membership
Access To WT's Conferences & Events
Access To All WT's Research Reports On Africa
Access To Podcasts, Video Content & Recordings
Access To All Premium Newsletters
Unlimited Access To WT's Content Archive