ElGameya, Egypt’s leading digital group savings platform, has raised a seven-figure investment in U.S. dollars in a round led by Ayadi Investment and Development Company.
Other participants included Jedar Capital, Cubit Ventures, Venture Notes, PMaestro, and several local and international angel investors.
The capital will be used to accelerate product development and scale ElGameya’s platform, which allows users to create and join customizable savings circles.
The app currently serves nearly one million users, with a monthly growth rate of 50%, and has partnered with over 150 companies and schools.
ElGameya and Strategic Backing from Regional Investors
Ahmed Abdeen, Founder and CEO of ElGameya, said the funding will support the company’s expansion and the rollout of new digital financial services. Osama Saleh, Chairman of Ayadi, noted that the investment fits their mission of backing tech that serves community needs.
Amr Aboelazm, Founding Chairman of the Board, emphasized the round’s role in strengthening the startup’s market leadership.
Hazem Kamel, CEO of Direct Investment at Inaya Capital, added that the round reflects growing investor interest in MENA fintech.
The deal comes amid rising momentum for financial inclusion and digital transformation across the Middle East and North Africa, with ElGameya well-positioned to lead in this space.
