Industry: mobility fintech
Sentiment: Positive
Total Articles: 2
Last Article: 2025-08-29 15:04:10+00:00
Munify, a cross-border neobank founded by Khalid Ashmawy, aims to provide faster and cheaper money transfers for Egyptians abroad. The Y Combinator-backed startup has raised $3 million in seed funding and offers both consumer and business services for remittances and US banking access.
Moove, an Africa-born mobility fintech, has acquired Kovi, a Brazilian urban mobility provider, in an all-share transaction. The deal increases Moove's annual revenue to $275 million and strengthens its position in the Latin American market.