Egyptian startup Exits.me, a fintech investment banking marketplace, has raised US $1 million in a pre-seed funding round as it plans continued growth.
Founded in 2022 by Mohamed Aboulnaga, Ahella El Saban and Ayman El 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.
The startup was acquired initially by PIE, a boutique M&A consultancy founded by Mohamed Aboulnaga, 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 amongst SMEs and startups in the MENA region.
Its funding round comes from UK-based Exits.me, a group of notable Egyptian angel investors, Baseeta Investments Holding and Mawelni Holding for Financial Investments, and the founders.
“The Exits.me team expects to see continued growth in the need for M&A and funding across the region within the next three to five years, and this fresh capital will help Exits.me in addressing this increasing gap,” said angel investor Omar Amer.
