Qardy Raises Funding for Digital Lending Marketplace, Plans Strategic Investments

Qardy Raises Over USD Seven Figure Pre-Seed Funding

Qardy Secures Pre-Seed Funding for Digital Lending Marketplace

Qardy (Linkedin), based in Cairo, has successfully raised a seven-figure pre-seed funding round to fuel their digital lending marketplace. With a focus on providing accessible financing solutions to Micro, Small, and Medium Enterprises (MSMEs) in Egypt and the MENA region, Qardy has already facilitated approximately $12 million in loan transactions.

Funding Amount: Seven-figure pre-seed funding

Industry: Financial Services

Employee Count: 11-50

CEO: Abdelaziz Abdel Nabi (CEO Linkedin)

What Qardy needs to buy: Qardy is seeking partnerships with fintech companies, marketing agencies, and compliance and risk management solution providers. These collaborations will help enhance their digital lending platform, increase brand awareness, and ensure regulatory compliance and effective risk assessment in lending.