Egyptian fintech startup KIWE has raised its first round of funding, which it will use to drive its growth by utilising the offerings of its investors. Founded in March 2021 by Fatma Khalifa, Omar Kamel and Mohamed Khalifa, KIWE is a peer-to-peer money exchange app that allows its users to transfer money to each other in real-time. The startup said in a statement that it was on a “quest” to create a cashless ecosystem through a comprehensive merchants network, providing customers with the safest and simplest payment experience. Our vision is for KIWE to become a verb interchangeable with any word that speaks payments. The investment will be used to drive the startup’s growth by utilising the offerings of its investors.

Source: The North Africa Journal November 18, 2021 14:07 UTC