Telda is a financial brand built for Millennials and GenZ to take the pain out of peer-to-peer payments. We are bringing a better way to send, spend and save to anyone who has ever sought an alternative to the traditional banking system.
Location: Egypt, Cairo Governorate, Cairo
Employees: 11-50
Total raised: $25M
Founded date: 2021
Investors 2
| Date | Name | Website |
| - | Sequoia Ca... | sequoiacap... |
| - | Byld Ventu... | byldventur... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 20.10.2022 | Seed | $20M | Sequoia Ca... |
| 18.05.2021 | Pre-Seed | $5M | Sequoia Ca... |
Mentions in press and media 10
| Date | Title | Description |
| 20.10.2022 | Egyptian fintech Telda lands $20m seed funding | Egyptian fintech Telda, which offers a payments and money movement app targeted at millennials and Gen Z, has raised $20 million in seed funding. Telda raises $20m in seed funding The round was led by Global Founders Capital with participat... |
| 12.10.2022 | Egyptian consumer money app Telda raises $20M from GFC, Sequoia Capital and Block | Telda, an Egyptian consumer money app founded by ex-Swvl executive Ahmed Sabbah last April, has raised $20 million in seed funding. The fintech, in a statement, said it wants to “revolutionize finance for the MENAP region.” Its first market... |
| 11.02.2022 | 11 African startups to watch out for in 2022 | It’s safe to say the Africa startup ecosystem came full circle last year with a record-breaking number of new innovative startups and huge investment to match it. If innovation is a reflection of economic, social, and technological advancem... |
| 19.05.2021 | Sequoia Capital’s investment in Digital Banking Startup Telda marks its first investment in Egypt | Egyptian digital banking startup, Telda raised US$ 5 million in the region’s largest pre-seed funding on 17 May 2021. What makes this investment special for Egypt is that it is the first investment by Sequoia Capital in the Middle East &... |
| 18.05.2021 | Telda, an Egyptian-based digital banking app, has received a $5 million pre-seed investment | Sequoia Capital led a $5 million Pre-Seed funding round for Telda, a Cairo-based digital banking app, with participation from Global Founders Capital and Class 5 Global. This is Sequoia’s first investment in North Africa and the Gulf Cooper... |
| 17.05.2021 | Egyptian fintech startup, Telda, raises $5 million in pre-seed round | One-month-old Egyptian fintech startup, Telda, has raised $5 million in a pre-seed round led by Sequoia Capital. With this raise, the startup aims to grow in Egypt and supply close to a million cards in its first year. |
| 17.05.2021 | Sequoia leads $5M pre-seed in Egypt’s 1-month-old digital bank Telda | Egypt has a population of over 100 million people. The country has a high mobile and internet penetration necessary for a young and tech-savvy population with 61% below 30. But despite its youthful population, two out of every three individ... |
| - | Telda, an Egyptian-based digital banking app, has received a $5 million pre-seed investment | Sequoia Capital led a $5 million Pre-Seed funding round for Telda, a Cairo-based digital banking app, with participation from Global Founders Capital and Class 5 Global. This is Sequoia’s first investment in North Africa and the Gulf Cooper... |
| - | Sequoia leads $5m round for Egyptian digital bank Telda | Egyptian digital banking startup Telda has raised $5 million in a pre-seed funding round led by American VC giant Sequoia Capital. Global Founders Capital and Class 5 Global joined the round for Telda, which was founded just last month by f... |
| - | Telda | “Send, spend and save. Open a free account from your phone in seconds and get your free Mastercard®. Send and request money for free.” |