Series B

Series A

Seed

Pre-Seed

Series C

New York

Series D

Hisham Elhaddad

Onsi Sawiris

Fady Yacoub

Karim Fattal

If you're ready to take your business to the next level with HOF Capital, we want to hear your pitch.

Investment in Startup

Discover HOF Capital's approach to funding innovation in technology. Explore detailed profiles on Lucidity Insights.

HOF Capital

HOF Capital is a multi-stage venture capital firm. Backed by over 200 influential, industry leaders, we look for relentlessly ambitious founders and help them build generational companies. HOF supports entrepreneurs by providing them with long-term-focused capital from idea to IPO, and helping them structure meaningful partnerships with enterprises in its LP network.

Riyadh

Series E

Tabby

Fintech

BNPL

Lending

E-Commerce

Tabby creates financial freedom in the way people shop, earn and save by reshaping their relationship with money.

San Francisco

Flutterwave

Payment

Finance

Flutterwave is a fintech company that provides payment solutions for businesses.

Cape Town

Yoco

Point of Sale

Payments

Mobile Payments

Software

Financial Services

Small and Medium Businesses

Yoco is Africa’s pioneering fintech, empowering businesses with a connected ecosystem of payment and business tools.

Cairo

Debt Financing

Nawy

Property Management

Proptech

Real Estate

Residential

Property

Investments

Machine Learning

Artificial Intelligence (AI)

Property Rental

Mortgage

Nawy is a fully integrated platform delivering a seamless real estate experience for buyers, sellers, and investors.

Lagos

Helium Health

Healthtech

Health Care

Helium Health is the largest provider of full-service technology solutions for all healthcare stakeholders in emerging markets.

Dar es Salaam

Nala Money

Banking

NALA is an application that acts as an interface on top of the mobile money payment systems that allows the user to make transfers, payments, and transactions seven times faster, without data connectivity.

Kampala

Asaak

Asaak is a fintech company that provides asset financing to mobility workers across emerging markets.

Nairobi

Fingo Africa

Financing Platform

Fingo is a fintech startup that provides digital banking services for youth. Fingo's services include current accounts, money transfers, bill payments, and more. It also features link-based payments, saving goals, and real-time transactions.

Kenzz

Mobile Apps

Kenzz is an e-commerce platform bringing shopping to the mass market in Egypt and MENA.

Dubai

MyAlice

Retail & Wholesale

Retail

Artificial Intelligence

Internet

Internet Marketplace Platforms

Increase your sales and engagement by delivering personalized messages at key moments throughout the customer journey. Conversational commerce platform that automates customer support,  engagement & whatsapp marketing for growing eCommerce and DTC brands.

Acme Labs

Blockchain

Crypto

Identity Management

An intent-based network empowering developers to simplify blockchain transactions to #OneTap.

Nawy, a real estate platform founded in 2016, has raised a Seed funding round to enhance its technology, diversify services, and expand its team across Egypt. The company, led by CEO Mostafa El Beltagy, aims to become a leading real estate search engine in Egypt by providing a fully integrated model that simplifies the home buying process. The investment will support Nawy's goal of achieving 300% growth in 2021.

Nawy raises Seed round from Sawiris Family Office

Nawy has raised $52 million in Series A funding, led by Africa-focused VC firm Partech Africa, validating its model of combining property listings with brokerage services.

Other notable investors participating in the round include Development Partners International’s Nclude Fund, e& Capital, Endeavor Catalyst, HOF Capital, March Capital Investments, Outliers, Plug and Play, Shorooq Partners, VentureSouq, and Verod-Kepple Africa Ventures.

Egypt’s Nawy, the largest proptech in Africa, raises $52M to take on MENA

TechCrunch Logo

Startups
Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation
Tage Kene-Okafor
2:59 AM PDT • August 4, 2021
Comment

Tabby
Image Credits: Tabby
These past few years have seen the emergence of buy now, pay later services worldwide, with leading players raising buttloads of cash to serve an insatiable young adult population who don’t fancy credit cards or paying interest.

In what seems to be a consolidation of some sorts, fintech juggernaut Square acquired Australian buy now, pay later giant Afterpay in a mouthwatering $29 billion deal this week.

The deal is a sign of things to come for established markets like Europe and the U.S. and promising markets witnessing a proliferation of these services. For instance, in the Middle East, not less than ten startups offering BNPL services have launched within the past three years.

Square to buy ‘buy now, pay later’ giant Afterpay in $29B deal

Tabby is one such service and clearly the most known in the region. Today, it is announcing that it has raised a $50 million Series B, valuing the company at $300 million.

Global Founders Capital and STV led the funding round, with participation from Delivery Hero and CCVA. Existing investors, including Arbor Ventures, Mubadala Investment Capital, Raed Ventures, Global Ventures, MSA Capital, VentureSouq, Outliers VC, JIMCO, and HOF, also participated.

Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation

UAE-founded Buy Now Pay Later (BNPL) provider tabby  has raised Series A financing round of $23 million in debt and equity led by Arbor Ventures and Mubadala Capital, with participation from STV, Raed Ventures, Global Founders Capital, JIMCO, Global Ventures, Venture Souq, Outliers VC, MSA Capital, HOF and AB Accelerator. This funding will fuel the company’s next stage of growth, helping tabby scale its product and engineering capabilities in addition to its lending capacity, further benefiting its merchant partners and consumers.

tabby raises $23 million in Series A

Kenzz has raised $3.5 million in a seed funding round to enhance mass-market e-commerce in Egypt. The funding will be used to develop a more inclusive and engaging online retail experience tailored to the needs and preferences of its users.

Kenzz raises $3.5M seed to bring mass-market e-commerce to Egypt

Kenzz, an Egyptian e-commerce platform targeting the mass market, has raised $3.5 million in seed funding. The funding round was led by Outliers Venture Capital, with participation from HOF Capital, Foundation Ventures, and Samurai Incubate. The company plans to use the funds to expand its product categories, hire talent, and invest in technology as it launches its app. Kenzz aims to provide a reliable and affordable e-commerce experience for the mass market in Egypt and the MENA region, focusing on direct sourcing from manufacturers and offering discounts for group purchases.

Kenzz, an Egyptian e-commerce platform for the mass market, grabs $3.5M seed funding

Kenzz, an Egypt-based mass e-commerce startup, has raised a $3.5 million Seed funding round led by Outliers Venture Capital, HOF Capital, Foundation Ventures, Samurai Incubate, and strategic angel investors. The funding will be used to hire talent, develop products, invest in technology, and launch an app. Kenzz aims to bridge the gap between traditional offline and online shopping by offering discounts and addressing consumer concerns about trust and personalization.

Egypt’s E-Commerce Startup Kenzz Raises $3.5 Million Seed Round

South African fintech Yoco raised $83 million in a Series C funding round, marking the largest ever raise by a payments company in South Africa. The round included new investors such as Dragoneer Investment Group and existing investors like Partech and Velocity Capital Fintech Ventures. Yoco plans to use the funds to accelerate product development and expand its presence across Africa and the Middle East.

South African fintech Yoco looks to scale following $83m Series C round

South African payments and software platform Yoco has raised $83 million in a Series C funding round, bringing its total funding to $107 million. The round included new investors such as Dragoneer Investment Group, Breyer Capital, and others, alongside existing investors like Partech and Quona Capital. Yoco plans to use the funds to develop more tools for small businesses and expand beyond South Africa, aiming to reach 1 million merchants within four years.

South Africa’s Yoco raises $83m to extend digital payments to 1 million SMEs

Yoco, a South African payments and software startup, has raised US$83 million in Series C funding to accelerate platform development and expand internationally. The round includes new investors like Dragoneer Investment Group, Breyer Capital, and HOF Capital, as well as existing investors such as Partech and Quona Capital. The funds will help Yoco expand into Africa and the Middle East, aiming to reach one million merchants in four years and increase its team by 200 people.

SA payments startup Yoco raises $83m Series C funding round

Helium Health, a Nigerian healthtech startup, raised a $10 million Series A funding round to expand its operations across Africa, including North and East Africa. The funding round was co-led by Global Ventures and Africa Healthcare Masterfund, with participation from Tencent and Y-Combinator. The startup plans to use the funds to hire more staff and launch new products, such as the MyHelium Patient app, to enhance healthcare delivery and telemedicine services in the region.

Nigeria’s Helium Health raises $10M Series A for Africa expansion

Helium Health, a Lagos-based healthcare technology company, announced a $10 million Series A funding round co-led by Global Ventures and Africa Healthcare Masterfund (AAIC), with participation from Tencent, Ohara Pharmaceutical Co. Ltd, HOF Capital, Y Combinator, VentureSouq, Chrysalis Capital, Kairos Angels, and Flying Doctors Healthcare Investment Company. The funding will be used to expand Helium Health's market presence in North Africa, East Africa, and Francophone West Africa, and to develop new software products for healthcare stakeholders.

Helium Health Secures $10 Million in Series A Financing Round

Helium Health, a Nigerian healthtech startup, raised $10 million in a Series A funding round. The round was co-led by Asia Africa Investment & Consulting (AAIC) and Global Ventures, with participation from Y Combinator, Tencent, Ohara Pharmaceutical Co. Ltd, HOF Capital, VentureSouq, Chrysalis Capital, Kairos Angels, and Flying Doctors Healthcare Investment Company. The funding will be used to expand Helium Health's team and scale operations to North, East, and Francophone Africa, as well as to develop new products like Helium Teleclinic and HeliumPay.

HOF Capital

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 3 sectors we invest in

Portfolio Companies
or Investments

Executive Team Members

About

Legal

Social Media

HOF Capital

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 3 sectors we invest in

Portfolio Companies or Investments

Executive Team Members

About

Legal

Social Media

Portfolio Companies
or Investments