Exits.me, an Egypt-based FinTech investment banking marketplace, raised $1 million in a pre-seed round. The round is funded through UK-Based Exits.me, a group of notable Egyptian Angel investors, Baseeta Investments Holding, and Mawelni Holding for Financial Investments.
Founded in 2022 by Mohamed Aboulnaga, Ahella El Saban, and Ayman El Tanbouly, the startup aims to facilitate M&As and investment banking services in companies by offering a seamless and fully integrated online solution on its platform and a full-fledged financial advisory service.
Exits.me was acquired initially by PIE, a boutique M&A consultancy founded by Mohamed Aboulnaga earlier this year. The team is currently working to transform it into a new platform to cater to a widely overlooked gap in the market for M&As and funding support amongst SMEs and Startups in the MENA region.
The marketplace currently has more than 25 signed active sell/buy-side advisory mandates with 30 others in the pipeline totaling a value of $150-200 million. The platform is also in the current procurement of its crowdfunding license from the Financial Regulatory Authority to manage and arrange crowdfunding campaigns; which will open the door to a new investment product for the MENA market, allowing anyone in any capacity to invest.
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