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Telda

Operating

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

Updated Source: SLA Startup IndexHow we verify →
Total raised
$25M
disclosed
Last round
$20M
Seed
Rounds
2
since 2021
Investors
4
on record
Employees
11-50

About Telda

Telda is a Cairo-based financial brand built for Millennials and GenZ to take the pain out of peer-to-peer payments. We are bringing a better way to send, spend and save to anyone who has ever sought an alternative to the traditional banking system.

Telda funding2 rounds

All 2 rounds →

Telda has raised $25M across 2 disclosed rounds. The latest is a $20M Seed announced 12 Oct 2022, led by Global Founders Capital.

Capital growthrunning total of disclosed rounds
  1. $5MPre-seedPre-seed, $5M, $5M raised to date
  2. $20MSeedSeed, $20M, $25M raised to date

SLA Funding Index · grey is capital raised before each round

AnnouncedRoundLead · investorsAmount
12 Oct 2022Telda SeedGlobal Founders Capital +2$20M
17 May 2021Telda Pre-seedSequoia Capital +2$5M

Telda founders & team

Full team →

Telda competitorssame sector · similar funding

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

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  • Faydety

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  • MNT-Halan

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  • Fawry

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

  • Nexta

    Nexta is an Egypt-based fintech and next-generation banking platform · Egypt

All 9 Banking startups in Egypt

Frequently asked about Telda

Where is Telda based and when was it founded?
Telda is headquartered in Cairo, Egypt and was founded in 2021.
Who founded Telda?
Telda was founded by Mostafa ElSheikh (Co-Founder), Ahmed Sabbah (Co-Founder & CEO) and Youssef Sholqamy (Co-founder and CTO).
Who is the CEO of Telda?
Ahmed Sabbah is Telda's Co-Founder & CEO.
How much funding has Telda raised?
Telda has raised $25M across 2 disclosed rounds. Its latest, a $20M Seed, was announced on Oct 12, 2022.
Who has invested in Telda?
Backers include Block, Global Founders Capital, Sequoia Capital and Class 5 Global.
What sector is Telda in?
Telda operates in Banking, Financial Services and FinTech.