Announcing -

The Nclude by Global Ventures fund in Egypt is our latest initiative to support financial inclusion across the 110+ million Egyptian population. This fund, incubated and spun off by our incredible team and named Nclude by Global Ventures, has the backing of Banque Misr, the National Bank of Egypt and Banque du Caire, as well as the experience and leadership of Basil and Eslam, who are dedicated to pushing Egypt’s financial inclusion mandate and investing in the incredible opportunities the country’s founders are building.

At a first close of $85 million, the fund will invest in Egyptian fintech and fintech-enabled companies as well as fintechs across the region that are serving the Egyptian market. The fund is excited to announce its first four investments, which are Khazna, Paymob, Mozare3, and Lucky.

Global Ventures is thrilled to have been able to leverage the ecosystem's growth across the region, and build and spin out a new entity, exemplifying the increasing maturity of our ecosystem! 
We are incredibly enthusiastic about continuing to support Basil and the team on this initiative - go team Nclude!!!


We are incredibly excited to partner with Alogrand, the world's most decentralized, scalable, and secure blockchain infrastructure, to unlock the potential of Web3 in the region! 
A series of workshops and trainings will equip existing and aspiring developers with the resources and know-how needed to build the next wave of cutting-edge blockchain solutions!

At the World Blockchain Summit in Dubai, we hosted a keynote fireside chat with Jehan Chu - a crypto / NFT / blockchain investor since 2013 - focused on unpacking web3.
The conversation was led by Noor, and covered the opportunities and pitfalls of investing in the internet's next frontier.

The importance of investing in blockchain. Noor shares her insights on the new web infrastructure and how this new iteration of the internet will lead to fundamental disruption, recreating entire industries from art to commerce, eliminating intermediaries and allowing people unprecedented control over their lives. Click here to learn more!

Portfolio News

Sequoia Capital and STV  invest $54million in tabby’s Series B. tabby is reshaping the shopping experience for the region by redefining people’s relationship with money and allowing financial freedom in the ways they shop, spend and earn. This round will only catalyze the mission, and we are excited to be part of the tabby growth story as they scale and reach broader audiences and new markets. Read more here!

Proximie is Selected as A Featured Innovator at Life Science Intelligence 2022 Medtech Investor Summit. The conference is the leading annual showcase for the future of life science technologies as well as the latest in market intelligence, bringing together over 150 start-ups and 100 investors. Learn more here.
Wishing you all a Ramadan Kareem!
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