Balad
PrivateLast Round
Pre Seed
May 8, 2023
Momentum Score
50 /100
Company Overview
Balad is a fintech company that provides a B2B cross-border remittance and bill payment platform for global money transfer operators and fintechs to serve the Egyptian market.
Sector
FinTech
Verticals
Digital Payments, Foreign Exchange, API Management
Business Model
B2B2C
Customer Profile
Payment Processing Fee, Usage-Based SaaS
AI Layer
Non-AI
Keywords
cross-border payoutsremittance platformpayment APIpayment railsremittance aggregatorMoney Transfer OperatorsMTOpayout networkprepaid cardsB2B fintechfinancial inclusiondigital remittancebill payments
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Balad Comps
Public and private peers based on sector, stage, and business model.
Balad Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Pre Seed | May 8, 2023 |
Balad Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Launch Africa Ventures | Pre Seed |
| Magic Fund | Pre Seed |
| Future Africa | Pre Seed |
| Acasia Ventures | Pre Seed |
Balad Filings
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| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
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Firmographic Details
HeadquartersCairo
Employee Range38
Year Founded2022
Last FundingMay 8, 2023