Restaurant platform Koinz raise US$4.8m led by Tinder app founder

EGYPT – Koinz, a restaurant engagement platform, has raised US$4.8 million in a seed round led by Justin Mateen, the founder and former CMO of leading global dating app Tinder, The round also includes participation of Africa-focused VC 4DX Ventures and angel investors from Egypt, Turkey, and Saudi. According to our data, it is the second-largest seed round raised by a startup in Egypt. Founded in 2018 by Hussein Momtaz, Ahmed Said, and Abdullah Al Khalidi, Koinz is a customer acquisition and retention platform for restaurants. Through its suite of…

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