Funding Success: Zeal secures $4 million in a funding round led by Raed Ventures, Cur8 Capital, and strategic angel investors, positioning the company for expansion across the EMEA region following its recent entry into the UK market.
Revolutionary Technology: Zeal’s SmartPOS Plugin, a core component of its offerings, is a groundbreaking technology reshaping in-store customer engagement and payment intelligence. The funding received is directed towards extending Zeal’s influence, improving its payment acquirers portfolio, and facilitating seamless integration with POS terminals globally.
Strategic Vision: Founder and CEO Omar Ebeid envisions leveraging AI to revolutionize global retail customer engagement. Recognized as a disruptor in the payment acquiring space, Zeal, as noted by Wael Nafee from Raed Ventures, is committed to offering innovative solutions for payment service providers and POS manufacturers.
Zeal, a Cairo-based award-winning fintech startup, has successfully raised $4 million in a funding round featuring Raed Ventures, Cur8 Capital, and strategic angel investors, according to a company statement.
The investment will propel Zeal’s expansion across the EMEA region, building on its recent entry into the UK market.
Key to Zeal’s offerings is the SmartPOS Plugin, a revolutionary technology transforming in-store customer engagement and payment intelligence.
This funding aims to extend Zeal’s impact, enhance payment acquirers’ portfolios, and facilitate global POS terminal integration.
The company plans to develop advanced data and analytics solutions for FMCGs and Telecom sectors.
Founder and CEO of Zeal, Omar Ebeid envisions using AI to revolutionize global retail customer engagement.
Wael Nafee from Raed Ventures sees Zeal as a key disruptor in the payment acquiring space, offering innovative solutions for payment service providers and POS manufacturers.
With a focus on POS Value Added Services and card loyalty, Zeal aims to lead as the premier Value Added Service solution for payment acquirers and merchants globally
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