Egypt-Based Disruptech Secures Undisclosed Funding

Egypt-based Disruptech, a fintech-focused VC fund dedicated to developing Egypt’s financial technologies ecosystem by supporting start-ups and nurturing a growing number of companies in adjacent sectors that are accelerating financial inclusion has secured funding from Madagascar-based AXIAN Group.

Disruptech Egypt Fund I supports these start-ups from the seed-round investments through scaling and eventual growth.  With AXIAN already present in several countries across Africa, the partnership with Disruptech will create a platform to identify synergies between its brands and start-ups in the Egyptian fintech and digital economy.