Fintech startup Telda raises US&5m pre-seed funding round led by Sequoia Capital

EGYPT – Telda, an Egyptian fintech startup, has raised a US$5 million pre-seed funding round, led by Sequoia Capital, as it looks to build on a strong first month of operations. The investment also saw the participation of US venture capital firms, Global Founders Capital and Class 5 Global. In its first month of operation, the startup has already acquired over 30,000 sign-ups, and it now plans to build on that strong start after raising US$5 million in pre-seed funding. The round is led by Sequoia Capital and is the…

Read More