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moves money TechAfrica News July 29, 2026

Egypt’s Fincart Raises $2.8 Million Seed Round to Expand AI Logistics Platform

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Egypt-based e-commerce technology startup Fincart has secured $2.8 million in seed funding to accelerate the expansion of its AI-powered logistics and operations platform across the Middle East and Africa. The funding round was co-led by Launch Africa Ventures and Antler, with additional backing from Yango Ventures, Five35 Ventures, Bluestream Capital, Hi2 Global, Kalahari Venture Capital, and several other regional investors. Fincart provides an AI-driven platform that helps online merchants si

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