Fintech Startup Seed Challenge – Egypt

500k Euro to invest in seed fintech by Orange Ventures

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Orange Ventures calls entrepreneurs with a bold vision and passion for disruption and expansion to join the Seed Challenge – FinTech Egypt.

Orange Ventures is the corporate VC of Orange Group. Following the official opening launch of the Orange Digital Center in Cairo in December 12th, Orange Ventures and Orange Egypt are launching a Seed Challenge to invest up to 500K Euro in a fintech startup in Egypt.

In addition to the investment, Orange Egypt offers the winning startup to

  • join the Orange Digital Center for six months (workspace, mentoring programs from Orange Fab)
  • pitch to the Executive Committee of Orange Egypt and discuss partnership opportunities.

Eligibility criteria

  • Tech-driven startup focusing on fintech
  • Mainly operating in Egypt
  • Seed-stage company, have not raised more than €1M in total equity funding

Overview

21
Closes February 15, 2022
OrganizerOrange Ventures Africa & Middle East
Website Visit website
Targets Egypt
Sectors Fintech

Timeline

About Orange Digital Center

Orange Digital Centers are dedicated to delivering digital innovation and training to all. This network of free and inclusive resources supports local start-ups and projects using digital technology.

Orange Digital Centers serve as support and development centers for everyone to gain digital and entrepreneurial skills. From coding training to small business coaching, they cover a wide range of activities. Free and open to all, the facilities promote learning based on concrete projects. Training courses in digital technology are available for students, job seekers, and young people with or without qualifications.

As a true network of opportunities, Orange Digital Centers bring together several strategic programs into one place such as code school, solidarity Fab Lab, Acceleration program with Orange Fab, and investment with Orange Ventures.

Find out more about how Orange supports start-ups here.

Orange Ventures is the corporate venture capital of Orange Group with €350m under management with a presence in Paris, Dakar, and Cairo. Orange Ventures is dedicated to investing in innovative startups in Orange’s strategic fields of interest mainly in Europe and in the Middle East and Africa. Orange Ventures offers the startups in which it invests access to the Group’s expertise and the possibility to put in place synergies with the Orange Group’s many sales units and its 262 million customers spread across 26 countries.

Find out more about Orange Ventures in Africa and the Middle East here.

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