Disruptech: Fintech Fund Bets on Egypt as a Regional Hub for Digital Innovation

DisrupTech Fund: Driving Growth and Global Expansion for 21 Startups
To date, DisrupTech Fund has invested in 21 startups, which have collectively created over 50,000 jobs, generated more than $450 million in revenue, and operate across 12 markets. Yahia Abou El Wafa, Partner at the fund, highlighted a key example of impact: an initial $4 million investment, made in collaboration with the Micro, Small and Medium Enterprises Development Agency (MSMEDA), later grew to attract an additional $400 million in funding.

Investment Focus: From Finance to Agriculture and Education
DisrupTech focuses on four main investment tracks:

Financial Infrastructure: Including companies like BanknBox and Connect Money.
Financial Services: This track features companies such as MNT-Halan, Khazna, Lucky, MalBazaar, and Bokra.
Strategic Sectors: Encompassing Agri-tech (e.g., Mozare3), Health-tech (e.g., i’SUPPLY), and Edu-tech (e.g., Sprints).
Innovation and Artificial Intelligence (AI): Focusing on companies like WideBot and Hamilton.
Malek Sultan, Partner at the fund, affirmed that AI will be a key focus for future investments, given its immense potential to enhance service efficiency and expand economic impact.

Global Expansion and Successful Exits
Among DisrupTech's prominent success stories:

MNT-Halan transformed into a "unicorn" with a valuation exceeding $1 billion in 2022, subsequently expanding its operations into Turkey and Pakistan.
Khazna successfully expanded into Saudi Arabia.
BanknBox commenced operations in Qatar.
WideBot and Sprints successfully exported their AI services and technical training to the GCC, Africa, and Europe, while maintaining their development centers in Egypt.
These examples underscore DisrupTech's commitment to supporting Egyptian startups in their growth and regional and global expansion journeys.