Egyptian Fintech ADVA Secures Seed Round From Sawari Ventures

Egypt-based fintech ADVA has raised an undisclosed six-digit figure seed round from Sawari Ventures. The startup plans to use the funding to expand its product offering as well as the scope of its financial services.

ADVA is a consumer lending platform that allows customers to pay for a wide variety of services and products in installments. The programs provide customers with various services, topped by healthcare, education, and finishing through the installment feature.