EF

EFG Hermes Ventures

VC
Cairo, EgyptWebsite

EFG Hermes Ventures is a Seed, Series A venture capital firm based in Cairo, Egypt investing in Other, Fintech, Developer Tools. The firm typically writes $500K–$3.0M checks and has 14 portfolio companies in our records.

Stage

Seed, Series A

Check Size

$500K – $3.0M

Portfolio

14+ companies

Team

5 partners

Investor activity
Last known investment: 2024Investments in last 12 months: 0

Investment Thesis

Strategic venture arm of EFG Hermes investing in fintech and financial services innovation across MENA.

How EFG Hermes Ventures invests

EFG Hermes Ventures is a vc firm based in Cairo, Egypt. The firm invests at the Seed, Series A stages, with a focus on Other, Fintech, Developer Tools, EdTech.

EFG Hermes Ventures typically writes checks of $500K–$3.0M per investment.

Investing since at least 2017, EFG Hermes Ventures has backed 14 companies in our records, including Bank NXT, aiBANK, EFG EV Fintech. Its most recent recorded investment was in 2024.

Meet the Team

BA

Bakr Abdel Wahab

Head of Infrastructure Investments, Private Equity (Egypt), EFG Hermes

Infrastructure
Renewable Energy
Egypt investments
AE

Ahmed Eid

Managing Director, Private Equity, EFG Hermes

Private Equity
Growth platform investments in Egypt
SY

Samer Yassa

Head of Private Equity (Egypt), EFG Hermes

Private Equity
Egypt focused growth sectors
MK

Mohamed Khalifa

Managing Director, Private Equity, EFG Hermes

Private Equity
Healthcare / Education / Infrastructure
KM

Karim Moussa

Co-CEO of the Investment Bank (Buy-Side) and Head of Asset Management & Private Equity, EFG Hermes

Private Equity
Asset Management
Renewable Energy via Vortex
Healthcare via Rx Healthcare
Education via Egypt Education Platform

Industry Focus

Invests In

Other
Fintech
Developer Tools
EdTech

Portfolio Companies (14)

2024

BA

Bank NXT

2021

AI

aiBANK

2017

EF

EFG EV Fintech

Other

DA

Dayra

Fintech (financial inclusion / embedded finance)·Pre‑seed·EFG EV Fintech

Cairo‑based fintech providing unbanked gig workers and micro‑businesses with financial services such as accounts and credit.

KI

Kiwe

Fintech (payments / social P2P)·Venture round / early‑stage equity round

Egyptian peer‑to‑peer social payment app that lets users transfer money instantly and targets youth and the unbanked.

KL

Klickit

Fintech (payments / edtech payments infrastructure)·First institutional investment round

Egyptian fees‑management and digital collection platform for education providers (schools, universities) to manage and collect tuition and related payments.

SY

Sylndr

Mobility / auto‑commerce·Debt / loan financing round

Egypt‑based online used‑car retailer and auto‑commerce platform.

VA

valU

Fintech (Egypt)
FA

Fawry

Payments (Egypt)
BE

Bedaya

How to pitch EFG Hermes Ventures
  • Raising at Seed, Series A? You're squarely in their sweet spot.
  • Lead with your fit in Other, Fintech, Developer Tools — the sectors they actively back.
  • Size your ask to their typical $500K – $3.0M check.
  • Address your outreach to a specific partner, such as Bakr Abdel Wahab, Head of Infrastructure Investments, Private Equity (Egypt), EFG Hermes.
  • A warm introduction beats a cold email. Get matched and request an intro.

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