Flash, a cashless payments app in Egypt, has successfully raised $6 million in a funding round led by Addition, with participation from Flourish Ventures and several strategic angel investors. The funding will be utilized to further develop the company’s products and attract new companies and customers in Egypt. This milestone further solidifies Flash’s commitment to fostering a cashless payments business environment, introducing new products, and diversifying their digital payment portfolio. By simplifying transactions for both consumers and businesses through a secure and user-friendly application, Flash is reshaping the payments landscape in Egypt. With the funding received, Flash aims to further enhance their products and expand their reach in order to drive growth and advance the digital economy in Egypt.


Source:   Daily News Egypt
July 18, 2023 01:48 UTC