DisrupTech Ventures is a Cairo-based venture capital firm specializing in fintech and fintech-enabled startups, founded in 2020 by Mohamed Okasha. The firm’s primary focus is on early-stage investments within Egypt and occasionally beyond. It has raised a total fund of USD 36 million, aiming to support innovative startups that are disrupting existing markets. DisrupTech Ventures has developed a robust portfolio of 21 companies across various sectors, significantly impacting the fintech ecosystem in the Middle East and North Africa (MENA) region.
2025: DisrupTech Ventures led a $1.7 million pre-seed investment in Hamilton Treasury, a protocol focusing on the tokenization of real-world assets on Bitcoin, to enhance financial inclusivity in emerging markets.
February 2025: Khazna, a leading fintech in DisrupTech’s portfolio, secured $16 million for its financial super app for expansion into Saudi Arabia, reaffirming DisrupTech's commitment to the company since its seed funding round.
2024: Connect Money, a financial services platform, successfully completed its $8 million seed round with DisrupTech’s participation to enhance its banking-as-a-service offerings.
July 2024: MNT-Halan, a fintech giant backed by DisrupTech, expanded into Turkey by acquiring Tam Finans, marking its international growth strategy.
April 2024: Bokra raised $4.6 million to innovate wealth management through asset-backed securities in the MENA region, with DisrupTech as a lead investor.
2024: The firm is planning new investments and strategic exits through 2026. Its focus areas include fintech infrastructure, healthtech, agri-tech, and AI-powered platforms.
DisrupTech Ventures continues to build strategic partnerships and foster an enabling environment for fintech growth in Egypt and the region.
Attribute | Information |
---|---|
Founding Date | 2020 |
Headquarters | Cairo, Egypt |
Founders | Mohamed Okasha |
Revenue | N/A |
Profits | N/A |
Key Investors | Proparco, IFC, MSMEDA |
Industry | Venture Capital, Fintech |
Number of Employees | 11 |
DisrupTech Ventures was founded in 2020 by Mohamed Okasha, formerly the managing director of Egypt’s digital payments company, Fawry. With a strong foundation in the fintech sector, DisrupTech aimed to address the gaps in early-stage funding for fintech startups in Egypt and the broader MENA region. The firm quickly established itself as a leader by focusing its investments on companies that delivered technological solutions to redefine traditional financial services. DisrupTech’s commitment to innovation and local talent has paved the way for its steady growth and influence in the market.
DisrupTech Ventures operates as an early-stage venture capital firm with a keen focus on fintech and fintech-enabled startups. Its business model revolves around providing seed capital and strategic advice to startups, helping them scale and achieve market readiness. Over the years, DisrupTech has made substantial contributions to the fintech ecosystem in the MENA region through its investments and by fostering innovation.
Significant milestones include:
Portfolio Growth: The firm has invested in 21 startups, which have collectively generated over USD 450 million in revenue and created more than 50,000 jobs.
Strategic Partnerships: DisrupTech works closely with global development finance institutions like Proparco and IFC, leveraging public and private capital for sustainable investment growth.
Sectoral Focus: The firm invests across diverse sectors such as payments, financial services, healthtech, and AI-driven platforms, emphasizing the strategic expansion of fintech infrastructure.
Currently, DisrupTech Ventures is actively involved in supporting its portfolio companies with operational guidance and capital support. It continues to prioritize fintech, financial services, and related digital infrastructures within its focus areas. The firm's strategic initiatives include expanding its investment footprint to adjacent sectors and reinforcing its influence on the Egyptian and MENA financial ecosystems.
DisrupTech’s commitment to innovation and talent development ensures its continued relevance and competitive advantage in the venture capital space, positioning it as a pivotal player in driving financial inclusivity across emerging markets.
DisrupTech Ventures represents a significant force in Egypt’s venture capital landscape, particularly within the fintech sector. Its focus on early-stage investments in disruptive technologies continues to enhance its portfolio companies' market positions. Looking ahead, DisrupTech’s strategy of fostering innovation and economic inclusion through technology promises to sustain its growth trajectory and maintain its influence across the MENA region.