Egyptian fintech startup MoneyHash has raised funding from GitHub founder Tom Preston-Werner as part of a soon-to-be-announced seed round. The startup announced a US$3 million pre-seed funding round in February 2022 as it emerged from beta, and then swiftly launched its services across Africa. It is now in the process of securing a seed round, in which Preston-Werner, co-founder and former CEO of software development company GitHub, has invested. Preston-Werner said he had been impressed with the technical quality and product vision of MoneyHash, and the founders’ deep understanding of the payment landscape in Africa and the Middle East. Nader and his team attracted a fantastic group of tech talent, and I am excited to join their journey,” he said.
