Organization · Venture Capital
Nclude
Nclude is a venture capital firm based in Egypt, focusing on fintech and fintech-enabled companies in Africa and the Middle East. It aims to foster financial inclusion and innovation through investments from Pre-Seed to Series C.
Overview
What Nclude does
What Nclude is
Nclude is a venture capital firm based in Egypt, focusing on fintech and fintech-enabled companies in Africa and the Middle East. It aims to foster financial inclusion and innovation through investments from Pre-Seed to Series C.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2022
- Approximate age
- About 4 years
- Structured capabilities
- Funder
- Last reviewed
- April 28, 2026
Official channels
Find Nclude elsewhere
Open the official website or a supported primary organization account.
Capability profile
Nclude as a funder
Investment thesis
Nclude aims to build Egypt into a regional fintech hub by funding companies that improve financial inclusion, digital transformation, and access to modern financial services.
Focus narrative
Nclude invests in fintech and fintech-enabled companies, particularly those based in Egypt or looking to enter the Egyptian market. The organization emphasizes financial inclusion and aims to unlock innovation across various sectors, including health access, logistics, and supply chains. Their investment strategy is centered on high-growth ventures that address meaningful challenges in the region.
Value beyond capital
Nclude provides hands-on support to its portfolio companies, helping them navigate complex markets and achieve long-term growth. The organization leverages its connections with major Egyptian banks and financial services to facilitate partnerships, regulatory credibility, and market access for fintech startups.
Focus and fit
- Stages
- Seed · Growth Equity
- Regions
- North Africa · Africa
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 11
Portfolio context
Oliv: A fintech platform offering invoice financing to SMEs in Egypt, utilizing digital factoring and instant credit assessment. Sylndr: An end-to-end platform for Egypt's used-car market, integrating digital financing and vehicle services. Nawy: Africa's largest proptech platform, providing tech-driven solutions for real estate transactions and management. Money Fellows: A fintech platform modernizing traditional savings and credit systems through a community-driven model. Mozare3: An agri-fintech platform connecting small farmers with institutional buyers via innovative contract farming solutions. Grinta: A platform modernizing the pharmaceutical supply chain for independent pharmacies. Partment: A co-ownership platform for second-home investment and management. Lucky: A digital rewards app connecting users with credit products and discounts. Connect Money: A service connecting businesses to cash users through white-labeled payment cards. FlapKap: A provider of revenue-based financing for e-commerce businesses. Khazna: A super-app aimed at enhancing financial inclusion for underserved consumers and micro businesses. Paymob: A payment infrastructure provider enabling businesses to accept digital payments.
Common questions
What to know about Nclude
Upseed classifies Nclude under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 28, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.