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Thndr Claps » EGY Claps » Startup Spotlight 💡 » KIWE Closes its First Financing Round📳

KIWE Closes its First Financing Round📳

by Shams Abbas
November 16, 2021

Fintech platform KIWE has closed its first investment round, led by dfin Holding with participation from EFG Hermes, Marakez for Development, & angel investors.

More on KIWE🧐 KIWE is a peer-to-peer money exchange app, allowing its users to transfer money instantly to each other.

Why is this important🤔 “Through this strategic consortium of investors, we target to catapult the growth of KIWE by deploying dfins’ tech-based financial services portfolio, utilizing EFGs’ ValU as a key payment method, & rolling out across Marakez’s portfolio of commercial & residential projects – a perfect fit to help drive our mission towards a stronger E-payments future,” KIWE said in a press release.

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