HollyDesk raises $325K in pre-seed funding
Egypt-based HollyDesk recently raised $325 thousand in pre-seed funding from angel investor Faisal Abdel Salam along with other investors.
”We seek to use the new funding to develop technologies for our solutions, assign new competencies within the team, and launch other services that will be announced soon with major Egyptian banks, which is in line with the Egyptian government’s plans to achieve financial inclusion, especially for workers within small and medium companies,” said HollyDesk CEO Mahmoud Moussa. He added, “We see a great opportunity in the field of digitising the part of following up on companies’ expenses, and this is only the beginning, and we aspire to what is greater than that by providing other solutions such as financing and other solutions to help these companies achieve greater growth for this sector.”
Founded in 2021, the company provides SMEs with the option to monitor and control their daily expenses, as well as pay their employees in a single mobile app
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