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Egypt-based Fintech Zeal Secures $4 Million in Funding Round

Zeal aims to enhance in-store customer engagement and payment intelligence across Europe, Middle East, and Africa.

By Inc.Arabia Staff
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Egypt-based fintech and customer loyalty app Zeal has concluded a $4 million funding round, spearheaded by Raed Ventures and Cur8 Capital, alongside support from strategic angel investors.[1]

Zeal aims to enhance in-store customer engagement and payment intelligence across the Europe, Middle East, and Africa (EMEA) region.

Zeal said that using its SmartPOS Plugin will make a difference in the landscape of physical retail interactions.

This funding comes on the heels of Zeal's successful foray into the UK market, signaling an intent to expand its innovative technology solutions further.

Zeal has already boasted partnerships with industry giants like Ingenico and Network International, as well as earning accolades such as the Visa Everywhere Initiative.

Founded in 2019 by Omar Ebeid, Zeal aims to develop advanced data and analytics solutions tailored for the Fast-Moving Consumer Goods (FMCG) and Telecom sectors.

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