Egyptian Fintech PALM Secures 7-Figure Pre-Seed Funding for Savings Revolution
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最新报道：Egyptian fintech startup Palm has raised a seven-figure pre-seed funding round to expand its blockchain-based savings platform. The company aims to revolutionize savings in Egypt by offering Sharia-compliant digital financial products with competitive returns. Palm's platform allows users to save in local currency while earning yields from diversified asset-backed portfolios. The funding will support product development, regulatory compliance, and market expansion across the Middle East and Africa. CEO Ahmed Houssam highlighted the growing demand for accessible savings solutions in emerging markets, where traditional banking penetration remains low. The round was led by regional investors with participation from angel investors in the fintech space.
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