Egypt-based fintech secures funding to scale credit products, strengthen infrastructure, and drive financial inclusion through digital solutions across North Africa markets.

Lucky, Egypt-based Fintech Company has raised 23 million dollar in Series B funding round, combining both equity and debt, to accelerate its development and strength its digital financial offerings. The round saw participation from Disruptech Ventures, Development Partners International through Nclude and Suez Canal Bank. The newly secured capital will be directed toward expanding Lucky’s credit products, enhancing its technological infrastructure and supporting its regional growth approach across North Africa.

The move aligns with the broader vision of the Central Bank of Egypt to advance the country’s transition into a digitally focused and financially inclusive economy. OneStop participated in the financing round as well, further strengthening the company’s position following its Series B funding. Mohamed Farouk, a digital investor, was named Chairman of Lucky App after the investment. He highlighted the company's steady progress and strong product-market fit, pointing out that the platform is well-positioned to become a major player in the evolving consumer credit and neo-banking landscape for a growing fintech company in the region.

Ayman Essawy, CEO of Lucky, emphasized the value of financial convenience as a driver of economic advancement in his remarks regarding the development. He added that the money would allow the business to grow responsibly, invest in infrastructure and expand its influence as Egyptian and regional regulatory frameworks evolve, reinforcing its standing as an emerging fintech startup.

Lucky is committed to making financial services more accessible to underserved populations by simplifying credit availability through modern technology and AI. To support its long-term goal of providing comprehensive digital financial solutions, the company is also pursuing Payment Service Provider (PSP) licensing. Recent regulatory advancements, including digital onboarding and modern payment frameworks, are creating new opportunities for fintech firms with proven scalability and compliance capabilities, positioning Lucky for continued growth across the region.

Thus, Business Fortune is of the view that Lucky is poised to lead North Africa’s fintech growth through innovation, scale, and inclusion.

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Mahadharani Vijay is a writer specializing in digital marketing, electric and concept cars, gadgets, and media and entertainment. She focuses on turning emerging trends and innovations into clear, engaging, and accessible stories for both professionals and wider audiences.