Egypt’s leading fintech company Lucky, has secured $23 million in a Series B funding round, marking a decisive push to expand consumer credit access across North Africa and accelerate its transition toward a neo-banking platform. “Lucky has demonstrated disciplined growth, strong product-market fit, and a clear vision for inclusive digital finance,” said Mohamed Farouk. “Financial access is the foundation of progress,” he said. The Series B proceeds will also fund its planned entry into select North African markets, where similar structural gaps in credit access persist. But with fresh capital, institutional backing and a strengthened board, the company is positioning itself at the forefront of North Africa’s digital finance transformation.

Source: The North Africa Journal April 07, 2026 14:03 UTC