Season 2, episode 12
Abgad
أبجد
Abgad describes itself as Egypt's first fintech licensed by the Financial Regulatory Authority to focus entirely on education.
Watch the pitchThe founders asked
35M EGP
for 15% · valuation 233.3M EGP
In short: Abgad pitched in Season 2, episode 12. The founders asked for 35M EGP for 15%, valuing the company at 233.3M EGP. No public source confirms the outcome yet.
Overview
Abgad describes itself as Egypt's first fintech licensed by the Financial Regulatory Authority to focus entirely on education. Through its app, parents pick any school or university and choose from several instalment plans for the fees, and can take separate loans for each child. It also finances postgraduate study and professional courses, and helps schools improve tuition collection. Launched in 2022 by Yasmin Mowafy, it asked the sharks for EGP 35 million for 15%.
The pitch
Team
After the show
No sourced news since the episode. Know something? Add it with a source.
Frequently asked questions
What is Abgad?
Abgad describes itself as Egypt's first fintech licensed by the Financial Regulatory Authority to focus entirely on education. Through its app, parents pick any school or university and choose from several instalment plans for the fees, and can take separate loans for each child. It also finances postgraduate study and professional courses, and helps schools improve tuition collection. Launched in 2022 by Yasmin Mowafy, it asked the sharks for EGP 35 million for 15%.
Who founded Abgad?
Abgad was founded by Yasmin Mowafy, who pitched it on Shark Tank Egypt.
When did Abgad appear on Shark Tank Egypt?
In Season 2, episode 12 (2023-2024).
How much did Abgad ask for on Shark Tank Egypt?
35M EGP for 15%, valuing the company at 233.3M EGP.
Did Abgad get a deal on Shark Tank Egypt?
The outcome of the pitch isn't recorded in this directory yet.
More questions (6)
Where is Abgad based and when was it founded?
Founded in 2022.
What is Abgad's website and social media?
On LinkedIn; links are on this page.
Where can I watch Abgad's pitch?
The pitch from Season 2, episode 12 is on YouTube: youtube.com/watch?v=dXGGVaGcz_M
Which episode of Shark Tank Egypt was Abgad in?
Season 2, episode 12. Also in that episode: Weddngo and Dark Solution. Details →
Which sharks did Abgad pitch to?
The Season 2 panel: Ahmed El Sewedy, Mohamed Farouk, Mohamed Ismail Mansour, Abdallah Sallam, Ayman Abbas, Dina Ghabbour, Ahmed Tarek Khalil and Hend Sabry.
What sector is Abgad in?
Fintech. 7 other Fintech startups pitched on the show. Details →
Rating & comments
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