Egypt-based fintech Lucky has raised $23 million in a Series B round, combining equity and debt, with participation from Disruptech Ventures, DPI via Nclude, Suez Canal Bank, and OneStop. Founded in 2019 by Ayman Essawy, Lucky provides a consumer credit platform offering cashback, instalments, and flexible financing solutions. The funding will support credit product expansion, infrastructure development, and regional growth in North Africa. In 2022, Lucky closed its Series A round at $25 million, led by Nclude, PayU, Endeavor Catalyst, Venture Souq, OTF, Arzan Capital and Disruptech. Lucky has already begun work toward PSP licensing, positioning the company to expand its service stack and support more comprehensive digital financial services over time.

Source: The North Africa Journal April 07, 2026 15:43 UTC