MoneyHash Secures $5.2M to Revolutionize Payment Orchestration in MENA

MoneyHash Secures $5.2M to Revolutionize Payment Orchestration in MENA
Egypt's fintech startup MoneyHash has raised $5.2 million in pre-Series A funding, bringing its total funding to over $12 million since its inception in 2021. The company simplifies payment processes for merchants across the Middle East and Africa, targeting larger enterprises with its new suite launched in early 2024. MoneyHash's platform integrates multiple payment providers, addressing high failure rates and operational inefficiencies in the region. Investors include Flourish Ventures and Saudi’s Vision Ventures, highlighting growing interest in fintech solutions for emerging markets.