$1 M Pre-seed funding raised by Egyptian fintech startup Exits.me
Exits.me, a fintech investment banking platform founded in Egypt, has secured US $1 million in a pre-seed capital round to support future expansion.
Exits.me, a company founded in 2022 by Mohamed Aboulnaga, Ahella El Saban, and Ayman El Tanbouly, aims to make mergers and acquisitions (M&As) and investments in businesses easier by providing a seamless, entirely integrated online solution on its platform as well as a comprehensive financial advisory service.
Earlier this year, PIE, a boutique M&A firm founded by Mohamed Aboulnaga, purchased the startup. The team has already released the platform’s beta version but is now working to revamp it into a brand-new platform in order to fill a huge need in the market for M&As and finance support among SMEs and startups in the MENA area.
Baseeta Investments Holding, Mawelni Holding for Financial Investments, prominent Egyptian angel investors, UK-based Exits.me, and the founders all contributed to the investment round.
“The Exits.me team expects to see continued growth in the need for M&A and funding across the region within the next three to five years, and this fresh capital will help Exits.me in addressing this increasing gap,” said angel investor Omar Amer.