Hollydesk, a Cairo, Egypt-based fintech startup that manages and follows up on corporate expenses, announced a $325,000 pre-seed investment.
The round was led by Faisal Abdel Salam, an angel investor who participated alongside other investors.
The new funds secured will assist Hollydesk in its expansion plans to other countries.
Round: pre-Seed Round
Funding Month: November 2021
Lead Investors: Faisal Abdel Salam
Company Website: https://www.hollydesk.com/
Software Category: Expense management platform for SMEs
About the Company: Founded in June 2021 by Mahmoud Moussa, Hollydesk is a SaaS for SMEs that will take care of the company's daily expenses and accounts payable with one platform to replace manual tools and cover the spending process end to end. Employees can then request cash and reimbursements through a Hollydesk app that connects company members within the system.