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.

Company: Hollydesk

Raised: $325.0K

Round: pre-Seed Round

Funding Month: November 2021

Lead Investors: Faisal Abdel Salam

Additional Investors: 

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.

Source: https://www.techinafrica.com/egypt-fintech-hollydesk-has-raised-a-325k-pre-seed-round/