May 19, 2021 09:44 AM (GMT+8) · EqualOcean
According to techcrunch, telda, an Egyptian Digital Banking Company, has received $5 million in seed round financing. This round of financing is led by Sequoia Capital. Global founders capital and class 5 global also participated in the follow-up investment. It is also Sequoia Capital's first investment in North Africa. Telda plans to use financing to boost the production and sale of its cards.