Masroofi closes $1.5mn investment round, Agenz raises $1.5mn

Egyptian fintech Masroofi has closed a USD 1.5mn financing round from undisclosed investors to support its expansion and fund operations.

Founded in 2022 by Mostafa Abdel-Khabeer and Sayed Hosni the startup focuses on electronic payment services for children.

While in Morocco, Agenz, a real estate classifieds startup, has raised USD 1.3mn for its pre-series A financing round from Azur Innovation Fund, Maroc Numeric Fund II and Beenok. Funding will be used to accelerate growth and enhance services.

The company was founded in 2021 by Malik and Badr Belkeziz.