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Sahl

Operating

Sahl is a mobile bill payment app that uses NFC technology to allow users pay bills for utility services.

Updated Source: SLA Startup IndexHow we verify →
Total raised
$6M
disclosed
Last round
$6M
Series A
Rounds
1
since 2020
Investors
4
on record
Employees
51-200

About Sahl

Sahl is a mobile bill payment app in Egypt, offering users the convenience of paying bills for over 50 services including electricity, gas, water, and mobile. We use NFC technology to allow users to recharge prepaid cards anytime, anywhere. Additionally, we've launched B2B products to expand our audience by providing utility services and payment acceptance to other companies.

Sahl funding1 round

Sahl has raised $6M across 1 disclosed round. The latest is a $6M Series A announced 11 Jun 2024, led by Ayady for Investment and Development.

AnnouncedRoundLead · investorsAmount
11 Jun 2024Sahl Series AAyady for Investment and Development +3$6M

Sahl founders & team

Full team →

Sahl competitorssame sector · similar funding

  • Balad

    Balad is a FinTech company that provides prepaid card solutions for underbanked family members of Egyptian migrants abroad. · Egypt

  • Tabby

    Tabby creates financial freedom in the way people shop, earn and save by reshaping their relationship with money. · Egypt

  • valU

    valU is a Buy-Now, Pay-Later lifestyle enabling solution which empowers customers' shopping experience. · Egypt

  • Paymob

    Paymob runs millions of transactions for different business sizes across the Middle East and Africa. · Egypt

  • Fawry

    Fawry is the leading Egyptian platform for digital transformation & e-payments · Egypt

  • Telda

    Telda is a Cairo-based financial brand built for Millennials and GenZ to take the pain out of peer-to-peer payments. · Egypt

All 18 Payments startups in Egypt

Frequently asked about Sahl

Where is Sahl based and when was it founded?
Sahl is headquartered in Giza, Egypt and was founded in 2020.
Who founded Sahl?
Sahl was founded by Ibrahim Assal (Co-founder and CTO), Ibrahim Assal (Co-founder and CTO), Ahmed Othman (Co-Founder & CPO), Ahmed Othman (Co-Founder & CPO) and 2 other founders.
Who is the CEO of Sahl?
Abdullah Assal is Sahl's Co-Founder & CEO.
How much funding has Sahl raised?
Sahl has raised $6M across 1 disclosed round. Its latest, a $6M Series A, was announced on Jun 11, 2024.
Who has invested in Sahl?
Backers include Ayady for Investment and Development, Egypt Pay, Delta Electronic Systems and E-Finance.
What sector is Sahl in?
Sahl operates in Payments, Financial Services and FinTech.