Acasia Ventures is a venture capital firm that invests in early stage tech and tech enabled startups across the Middle East and Africa.
رابط خارجي لـ Acasia Ventures
5 El-Fadl
Bablouq
Cairo، Cairo 11513، EG
7a Milverton Road
Lagos، Lagos State، NG
Couldn’t be more proud of Himanshu Shrimali and Ismail M. Sarhank talking about the exciting solutions offered by Menthum! Look out for saving goals soon…
Saving smart with Menthum! 💸✨ Find out from the co-founders if their app can hit the brakes on those midnight impulse purchases! Menthum #EEA #EEAwards #PeopleOfNow
We are delighted to announce our investment in SETTLE PAYMENTS, led by the amazing duo, Kamil Sayour and Mostafa Mobarak. We encourage you to read the amazing story about the why and the how here: https://lnkd.in/djAgXYJZ https://lnkd.in/dNg-pSxs
The shareholders of Acasia Ventures, a venture capital firm, and Acasia Group, a provider of startup ecosystem programs, incubators and competitions, entered into a separation agreement a few months ago whereby Acasia Ventures would remain 100% owned by Aly El Shalakany and led by Biola Alabi and Aly El Shalakany as the General Partners. The sale of Acasia Group announced in their press release of 10 September is wholly unrelated to Acasia Ventures.
Menthum have just launched a new USD fixed income fund, empowering thousands of customers to have access to better savings options. We couldn’t be more proud of Ismail M. Sarhank, Himanshu Shrimali and the rest of the team!
#Menthum and #CI_Capital Asset Management launch USD Fixed Income Fund in Egypt Menthum CI Capital Holding #Fintech_Gate https://lnkd.in/dNz3uxMx
Check out Aly El Shalakany's recent interview with Fast Company Middle East where he shares his thoughts on VC investing at the moment.
In the face of a challenging funding winter, Egypt’s B2B e-commerce marketplace, Cartona, recently secured an $8.1 million Series A extension, culminating in over $20 million raised in Series A financing. The funding round was led by Algebra Ventures, with participation from existing investors such as Silicon Badia. In 2020, Mahmoud Talaat and Mahmoud Abdel-Fattah Moursy co-founded Cartona, a mobile app connecting buyers and sellers, serving over 188,000 retailers in Egypt. Aly El Shalakany, Managing Partner of Acasia Ventures, notes that data for the first half of 2024 shows a continued year-on-year decline in VC funding across the region. Read more: https://lnkd.in/gpWEiumP
Our very own Aly El Shalakany shared some valuable insights with the Fast Company Middle East on how startups can up their game.
Was happy to share my thoughts with Myriam Mikhael at Fast Company Middle East on how startups in the region can standout from the crowd during the funding slowdown.
Congrats CredPal on this amazing partnership!
🚀 More Exciting News! 🚀 Jumia Nigeria expands Buy Now, Pay Later Feature through New Partnership with CredPal Through this collaboration, Jumia Nigeria aims to make online shopping more accessible and convenient for its consumers. "We are excited to partner with CredPal to offer our consumers a seamless and convenient “Buy Now, Pay Later" solution. This partnership aligns perfectly with our mission to make e-commerce more accessible and inclusive for all consumers. We remain committed to providing Nigerians with a wider range of payment options and fostering financial inclusion within the e-commerce space. The 'Buy Now, Pay Later' option will give our consumers more control over their finances and allow them to purchase the products they want at the exact time they need it, ” says Sunil Natraj, CEO, Jumia Nigeria. "This partnership underscores our shared commitment to simplifying shopping experiences for everyone. At CredPal, we leverage innovative tech solutions to empower individuals in managing their finances more effectively. Teaming up with Jumia isn't just about facilitating seamless purchases; it's about supporting individuals in reaching their aspirations, step by step," said Fehintolu Olaogun, CEO, CredPal. Read our joint press release here: 🔗 https://lnkd.in/dQGdDCJN #jumia #credpal #bnpl #ecommerce #buynowpaylater
Congrats to the team at Lengo AI for this amazing achievement!
Top 20 Future Champions of Tech! Lengo AI is proud to be featured by Jeune Afrique. Shoutout to our team for their hard work and all those supporting us! Full article 👉 https://lnkd.in/exJcGNFK #StopGuessingAfrica
Here's a look back to why we invested in Finclusion. We're incredibly proud to have backed Timothy Nuy and Tonderai Mutesva as they continue to provide critical access to credit to customers across South Africa, Kenya and Tanzania #fin #acasiarising #africarising #venturecapital https://lnkd.in/dKF227ab
Congrats tappi on entering into this exciting partnership!
#Partnerships to build identity, trust and credibility on the Internet to support the growth of SMEs. Kenya National Chamber of Commerce & Industry is a trusted body whose mission is to facilitate and promote a sustainable business environment for economic growth and prosperity. The goal is to drive economic growth by digitizing businesses and giving them access to the #digital economy and building the credibility they need to win #customers. The tappi and the KNCCI teams share the vision to drive economic growth for #SMEs.