That’s given rise to companies to help manage the process. Egypt’s MoneyHash — which helps merchants across the Middle East and Africa manage complex payment stacks more easily — has raised $5.2 million as it scales to target larger enterprises. The pre-Series A comes around a year after its last funding, when it announced a $4.5 million seed round in February 2024. In total, MoneyHash has raised over $12 million since Nader Abdelrazik and Mustafa Eid launched the Egyptian fintech in early 2021.
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