Egyptian fintech startup Kashat raises $1.75m bridge funding round
Written by TOM JACKSON Egyptian fintech startup Kashat has raised a US$1.75 million bridge funding round to further develop its platform and expand operations. Founded in 2019 by Sumair Farooqui and Karim Nour, Kashat is the first nano lending mobile application in Egypt, offering short-term loans of between EGP200 (US$13) and EGP1,500 (US$95) with a repayment plan…