Telda
Latest round
- Seed
Last raised
- Oct 2022
Total raised
- $20M
Investors
- 3
About Telda
Telda, Inc.Founded in 2021 in Cairo, Egypt, Telda, Inc. provides a digital financial platform. The company has successfully completed 2 deals, with the most recent deal occurring on October 12, 2022.00 mn.Telda specializes in providing a digital financial platform that facilitates seamless money transactions, enabling users to send, spend, and save money efficiently. The core offerings include a mobile application and a payment card that allows users to conduct financial activities such as sending and requesting money instantly and securely, both domestically and internationally. The app features intuitive functionalities, such as categorizing expenditures into segments like shopping and groceries, which helps users monitor and manage their spending habits effectively. Additionally, Telda allows users to make payments using emojis or personal notes, enhancing the social aspect of financial transactions.The revenue model of Telda is primarily driven by transaction fees associated with the usage of its payment card and app services, although specific pricing structures are not disclosed. The firm engages in direct-to-consumer transactions, enabling users to send and receive money without incurring fees for standard transactions. The revenue landscape may include partnerships with retailers and other businesses that accept Telda as a payment method, enhancing the platform’s value proposition while providing merchants with a streamlined payment solution. As users engage with the app and card for various transactions—from shopping to paying bills—Telda generates revenue through these everyday financial activities.In October 2022, Telda, Inc. Specific plans for future growth include launching new products designed to enhance user engagement and streamline transactions, although release dates have not been disclosed. Telda is also targeting expansion into additional geographic regions to capture a wider audience, which aligns with the firm’s objective to leverage the growing demand for digital banking solutions.
Who invested in Telda
3 investors across 1 round
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Funding rounds
Seed
Oct 12, 2022
Amount
$20M
Investors
Questions about Telda
Who invested in Telda?
Telda has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Telda raised?
Telda has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Telda last raise money?
Telda's most recent round on record is a Seed, in Oct 2022.
What does Telda do?
Telda is a financial services company.
Where is Telda headquartered?
Telda is headquartered in Cairo, Egypt.
Which VCs invest in companies like Telda?
Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at Telda's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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