Moniepoint investor takes over Egypt’s $105M Nclude with new venture fund
Techpoint Africa | PointAI - Apr 15, 2025
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Development Partners InternationalPaymobMNT-HalanNclude FundMoniepoint
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AI-generated highlightsThe most relavant information from the article.
  • DPI has taken over the management of Egypt’s $105 million Nclude Fund.
  • Nclude was established in March 2022 by Egyptian state-owned banks and fintech partners.
  • The fund aims to position Egypt as a leading fintech hub in the Middle East and Africa.
CommentaryExperimental. Chat GPT's thoughts on the subject.
The takeover of the Nclude Fund by DPI is a promising development for Egypt's fintech ecosystem, indicating strong investor confidence and a commitment to innovation. This strategic move could lead to significant advancements in digital financial services, fostering greater financial inclusion and positioning Egypt as a key player in the fintech landscape of Africa.
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