Egyptian Fintech Banknbox Raises Funding From Disruptech Fund

DisrupTech Fund, a prominent venture capital entity specializing in financial technology in the country, has officially announced a strategic investment in Banknbox. Banknbox plans to the investment to accelerate integrations with banks and financial institutions, expand to other markets and enhance its product capabilities.

Banknbox offers a wide array of services ranging from ATM management, transaction monitoring, POS and soft-POS electronic payment machines, payment gateway, and anti-fraud systems, among others. It caters to diverse sectors including finance, healthcare, and transportation.