Egylease (IDB Group)

EgyLease, a financial leasing startup, was launched in 2016 by the Industrial Development Bank (IDB). With a paid-in capital of EGP 250 million, EgyLease is regulated under Law 176 of 2018 and is compliant with all laws and regulations governing Egypt's financial leasing market. Since its establishment, EgyLease has demonstrated consistent growth and aims to establish itself as a leading player in the Egyptian financial leasing market.

This startup operates in the finance and financial services industries and is positioned to capitalize on the growing demand for leasing services in Egypt. While the headquarter location and details of the last investment remain undisclosed, EgyLease's association with the IDB group provides a strong foundation and support for its operations and growth. The absence of specific information on the last investment and investors suggests a potential opportunity for venture capital firms seeking to invest in the Egyptian financial services market.