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Lucky Raises $23 Million to Expand Digital Credit and Become a Digital Bank

Lucky just wrapped up a $23 million Series B funding round! This fresh capital will help them grow their digital credit services, expand into North Africa, and build out their vision of becoming a full-fledged digital banking platform.

1 min read
Lucky Raises $23 Million to Expand Digital Credit and Become a Digital Bank

Lucky, a financial technology solutions company, announced the close of its Series B funding round, securing $23 million. This move really shows how much investors trust their business model and their ability to grow in both the Egyptian and regional markets, especially with all the fast changes happening in the FinTech sector. The round saw participation from a mix of current and new investors, including Disruptech Ventures and DPI Venture Capital through the Nclude fund. Plus, new strategic partners like Suez Canal Bank and OneStop joined in. Tech investor Mohamed Farouk will even take over as Chairman of the Board, which highlights a push to strengthen governance and link growth with investment expertise.

Strong Growth Boosts Confidence

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