Season 1, episode 4
Amwal
أموال
Amwal is an Egyptian fintech startup that builds software to help financing institutions move their operations online.
Watch the pitchThe founders asked
10M EGP
for 5% · valuation 200M EGP
Result
No investment
They left without a deal
In short: Amwal pitched in Season 1, episode 4. The founders asked for 10M EGP for 5%, valuing the company at 200M EGP. They left without a deal.
Overview
Amwal is an Egyptian fintech startup that builds software to help financing institutions move their operations online. Its pitch centres on giving lenders and other finance providers the digital tools they need to modernise how they work, instead of relying on slow, paper-based processes. The founders brought the idea to the first season of Shark Tank Egypt, where they asked for EGP 10 million for a 5% stake.
The pitch
In Season 1, Episode 4, Amwal's founders asked the sharks for EGP 10 million in exchange for 5% of the company, valuing it at EGP 200 million. Mohamed Farouk repeatedly pressed them to say exactly who their customers were and lost patience with their answers. The founders left the tank without a deal.
Team
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After the show
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Frequently asked questions
What is Amwal?
Amwal is an Egyptian fintech startup that builds software to help financing institutions move their operations online. Its pitch centres on giving lenders and other finance providers the digital tools they need to modernise how they work, instead of relying on slow, paper-based processes. The founders brought the idea to the first season of Shark Tank Egypt, where they asked for EGP 10 million for a 5% stake.
When did Amwal appear on Shark Tank Egypt?
In Season 1, episode 4 (2023).
How much did Amwal ask for on Shark Tank Egypt?
10M EGP for 5%, valuing the company at 200M EGP.
Did Amwal get a deal on Shark Tank Egypt?
No. Amwal left the tank without a deal.
Where can I watch Amwal's pitch?
The pitch from Season 1, episode 4 is on YouTube: youtube.com/watch?v=oz8-LkpoWcA
More questions (3)
Which episode of Shark Tank Egypt was Amwal in?
Season 1, episode 4. Also in that episode: Agrcology, Fairclo and Scoopy Scooters. Details →
Which sharks did Amwal pitch to?
The Season 1 panel: Ahmed El Sewedy, Mohamed Farouk, Hilda Louca, Mohamed Ismail Mansour, Abdallah Sallam and Ayman Abbas.
What sector is Amwal in?
Fintech. 7 other Fintech startups pitched on the show. Details →
Rating & comments
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