Egyptian fintech startup Bokra recently secured $4.6 million in pre-seed funding led by DisrupTech Ventures and SS Capital, among others. The capital infusion will fuel the expansion of investment products and technological infrastructure. Bokra plans to launch its flagship application, also named “Bokra,” in Q2 2024.
This user-friendly app enables investors to trade efficiently, customize risk levels, and set investment amounts. It also offers a unique “scenario playing” feature for assessing annual returns and tracking financial goals. Founder Ayman El-Sawy is optimistic about empowering investors with direct investment opportunities and high-credit quality assets.
Mohamed Akasha from DisrupTech Ventures applauds Bokra’s timing amidst rising demand for alternative investment solutions, particularly in Egypt, where a significant portion of the population lacks bank accounts. Samer Salam of SS Capital highlights the strategic partnership’s potential to offer innovative investment products. Bokra aims to solidify its position as a regional fintech leader, promoting investment culture and financial inclusion across the Middle East and North Africa.
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