Balad logo — Serving Migrants and their Families

Balad

Serving Migrants and their Families

Founded 2022 Egypt Egypt 31 employees Pre-Seed Finance, Financial Services +1

General Information

Company Name Balad
Founded Year 2022
Location Egypt Egypt
Employees 31
Industries Finance, Financial Services, Fintech
Funding Stage Pre-Seed
Social

BounceWatch is an independent company data service, not affiliated with Balad. To contact Balad, visit balad.me.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

How does Balad compare?

A PDF of Balad and up to 10 competitors you pick: team, funding, traffic and every dated move of the last 90 days. Each company is re-checked on the day you order, so it is current.

See a sample report

This takes a few seconds: we look beyond our own index too.

Meeting Balad soon?

A one-page PDF brief: what it does, key facts, the last 90 days of dated moves and questions worth asking. Re-checked on the day you order. See a sample

About Balad

Balad is an innovative startup with the slogan "Serving Migrants and their Families." The company, founded in 2022, operates in the Finance, Financial Services, and Fintech industries from its headquarters in Egypt. Balad aims to break financial barriers for migrants and their underbanked families at home. The company recently secured a Pre Seed Round investment on 08 May 2023 from a consortium of investors including Future Africa, Launch Africa, Magic Fund, Sunny Side Venture Partners, Full Circle Africa, First Circle Capital, and Acasia Ventures. With its focused mission and strong investor support, Balad is poised to make significant strides in addressing the financial needs of migrants and their families.

Business keywords: Migrants, Financial Inclusion, Underbanked, Family Support, Remittances, Cross-Border Transactions

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round Undisclosed 7
Future Africa, Launch Africa +5
08 May 2023
Pre Seed Round Undisclosed 2
Launch Africa, First circle capital
01 Nov 2022

Balad Alternatives & Competitors

View All Alternatives
Balad vs
Mesada
Mesada Mexico

Mesada es una empresa de servicios de envíos de Remesas y Pagos Internacionales inmediatos para el m...

Pre-Seed
12 employees
Finance, Financial Services
Balad vs

We are Empowering South Asian Migrants with Accessible and Innovative Banking Solutions

Grant
4 employees
Finance, Financial Services
Balad vs

Promises delivered.

Venture round
170 employees
Financial Services, Fintech

FAQ About Balad

Serving Migrants and their Families
Balad was founded in 2022.
Balad is headquartered in Egypt.
Balad operates in Finance, Financial Services and Fintech. Its work centres on Migrants, Financial Inclusion, Underbanked and Family Support.
Balad has approximately 31 employees.
Balad has completed 2 funding rounds. The latest funding stage is Pre-Seed.
Top alternatives and competitors to Balad include Mesada, Wire Financial, Remitly Israel (formerly Rewire), Pana (YC S22), Falconlite inc. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Balad and Mesada are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Balad, https://bouncewatch.com/company/balad, updated 14 January 2025. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Book a demo 30 minutes