# Neqabty

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/neqabty

- Industry: Financial Services
- Headquarters: Giza, Egypt
- Website: www.neqabty.com
- Total disclosed funding: $0.6M
- Latest round: Seed (Sep 23, 2023)
- Investors on record: 1

## About

Based in Giza, Egypt, and founded in 2018 by CEO Mohamed Gamal, Neqabty operates as a financial technology company that offers digital payment solutions to syndicate and union members in Egypt in industries like agriculture, real estate, and hotels. In September 2023, Neqabty raised USD 0.55 million in seed funding led by Sanabil Investments.

The company provides a fintech platform for the automation of syndicates and labor unions in Egypt. The platform offers syndicate services in an automated manner supported by various means of electronic payment to facilitate access to services and follow-up on their payments. In addition, Neqabty offers a mobile application that leverages financial and AI technologies to provide an integrated package of payment solutions, including point of sale (POS), credit cards, and contact as a payment method.

The company plans to use its proceeds from September 2023 funding to advance its expansion plans in the Egyptian market and the Middle East region.

## Funding rounds

- Seed, Sep 23, 2023, $0.6M — Sanabil Investments

## Investors

- Sanabil Investments (https://capitalatlas.ai/funds/sanabil-investments) — Seed