Connect Money, an Egyptian-based banking-as-a-service (BaaS) platform focusing on embedded finance services, has secured $8 million in seed funding co-led by Egypt-based VCs DisrupTech Ventures, Algebra Ventures, and Lorax Capital Partners, with participation from One Stop Capital and MDP.
Founded early this year by Ayman Essawy, Wadi Jalil, and Abdelaziz