Egypt’s Fincart Secures $2.8 Million Seed Funding to Expand AI-Powered E-Commerce Platform Across MEA - Tekedia

Egypt-based Fincart raised $2.8 million in seed funding to expand its AI-powered e-commerce operating system across the Middle East and Africa.

The round was led by Launch Africa Ventures and Antler, with participation from Yango Ventures, Five35 Ventures, Bluestream Capital, Hi2 Global, and Kalahari Venture Capital.

Fincart has pivoted from logistics management to a platform for merchants, aiming to improve operations, partnerships, and team growth.

The startup says its tools help e-commerce sellers reduce shipping friction and unlock faster cash flow in emerging markets.