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Since 2018, EFG-EV Fintech has backed 4 African startups across 5 disclosed funding rounds totaling $16.6M, most heavily in Egypt and Fintech.
EFG EV Fintech is a Cairo-based fintech-focused startup accelerator and micro-VC arm established in 2017 as a joint venture between EFG Finance and Egypt Ventures. It describes itself as Egypt’s flagship boutique micro-VC for strategic fintech companies and provides funding, mentorship, legal advisory, commercial support, training, and office space. Based on the investment record provided, EFG EV Fintech has been active in Egypt across seed and venture rounds, with activity from June 2018 to September 2022. Its disclosed portfolio in Egypt includes fintech, e-commerce and retail, and agri-tech companies, including NowPay, XPay, EL-Dokan, and Mozare3. The co-investor set in these rounds includes several regional and global venture firms, reflecting participation in syndicates around Egyptian early-stage startups.
Data updated · Aug 13, 2026
EFG-EV Fintech has backed 4 African startups across 5 disclosed funding rounds tracked on Liners, totaling $16.6M since 2018.
Mostly Seed: 4 of its 5 tracked rounds are at that stage, followed by Venture (Round not Specified) (1).
EFG-EV Fintech's tracked rounds are concentrated in Egypt (5).
Its tracked rounds lean toward Fintech (3), E-commerce & Retail (1), Agri Tech (1).
EFG-EV Fintech most often shares rounds with Hala Ventures (1 shared deal), 500 Global (1 shared deal), F6 Ventures (1 shared deal).
EFG EV Fintech is a fintech-focused startup accelerator and micro-VC based in Cairo, Egypt. It was established in 2017 as a joint venture between EFG Finance and Egypt Ventures.
The companies listed in the provided records are EL-Dokan, Mozare3, NowPay, and XPay. These investments span fintech, e-commerce and retail, and agri-tech in Egypt.