Season 3, episode 19
Raseedi
رصيدي
Raseedi is an Egyptian fintech app that began by helping users save on mobile bundles and grew into instant financing for craftspeople and small businesses.
Watch the pitchThe founders asked
50M EGP
for 5% · valuation 1B EGP
Result
No investment
They left without a deal
In short: Raseedi pitched in Season 3, episode 19. The founders asked for 50M EGP for 5%, valuing the company at 1B EGP. They left without a deal.
Overview
Raseedi is an Egyptian fintech app that began by helping users save on mobile bundles and grew into instant financing for craftspeople and small businesses. In 2021 it raised an $850,000 pre-Series A round led by Samurai Incubate, with existing investors 500 Global, EFG-EV and Falak Startups. In January 2025 it acquired nano-finance provider Kashat and its subsidiary Pharos Microfinance, adding loans of up to EGP 3,000 for small-business owners, disbursed within five minutes. Founder Ahmed Attallah asked the sharks for EGP 50 million for 5%, a valuation Ahmed El Sewedy said he could not believe. It left the tank without a deal.
The pitch
Team
After the show
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Frequently asked questions
What is Raseedi?
Raseedi is an Egyptian fintech app that began by helping users save on mobile bundles and grew into instant financing for craftspeople and small businesses. In 2021 it raised an $850,000 pre-Series A round led by Samurai Incubate, with existing investors 500 Global, EFG-EV and Falak Startups. In January 2025 it acquired nano-finance provider Kashat and its subsidiary Pharos Microfinance, adding loans of up to EGP 3,000 for small-business owners, disbursed within five minutes. Founder Ahmed Attallah asked the sharks for EGP 50 million for 5%, a valuation Ahmed El Sewedy said he could not believe. It left the tank without a deal.
Who founded Raseedi?
Raseedi was founded by Ahmed Attallah, who pitched it on Shark Tank Egypt.
When did Raseedi appear on Shark Tank Egypt?
In Season 3, episode 19 (2024-2025).
How much did Raseedi ask for on Shark Tank Egypt?
50M EGP for 5%, valuing the company at 1B EGP.
Did Raseedi get a deal on Shark Tank Egypt?
No. Raseedi left the tank without a deal.
More questions (5)
What is Raseedi's website and social media?
On LinkedIn, Facebook and Instagram; links are on this page.
Where can I watch Raseedi's pitch?
The pitch from Season 3, episode 19 is on YouTube: youtube.com/watch?v=oCXBeyzBRHA
Which episode of Shark Tank Egypt was Raseedi in?
Season 3, episode 19. Also in that episode: UP FUSE, Bubble Store and Loop. Details →
Which sharks did Raseedi pitch to?
The Season 3 panel: Ahmed El Sewedy, Mohamed Farouk, Mohamed Ismail Mansour, Abdallah Sallam, Ayman Abbas, Dina Ghabbour, Ahmed Tarek Khalil, Yasseen Mansour, Mona Ataya and Noor Sweid.
What sector is Raseedi in?
Fintech. 7 other Fintech startups pitched on the show. Details →
Rating & comments
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