Egypt-based fintech investment platform Exits.me raises $1m

Exits.me — an Egypt-based fintech investment banking marketplace — raised $1m in a pre-seed round. The round was funded through UK-Based Exits.me, a group of notable Egyptian Angel investors, Baseeta Investments Holding and Mawelni Holding for Financial Investments, along with the company’s founders.

Founded in 2022 by Mohamed Aboul-Naga, Ahella Al-Saban, and Ayman Al-Tanbouly, Exits.me aims to facilitate M&As and investments in companies by offering a seamless and fully integrated online solution on its platform and a full-fledged financial advisory service.

Exits.me was acquired initially by PIE — a boutique M&A consultancy founded by Mohamed Aboul-Naga earlier this year. After releasing the BETA version of the platform, the team is currently working to transform it into a new platform to cater to a widely overlooked gap in the market for M&As and funding support among SMEs and start-ups in MENA.

“We want start-ups & SMEs who are off the radar of conventional investment banks to have a user-friendly and automated means of engaging in M&A and investment opportunities,” as mentioned by investor Omar Wagdy. The founders also explained that, today, businesses that investment banks overlook due to their smaller ticket sizes are finding it hard to get opportunities for investments.