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Octo logo — Your credit and payments solution

Octo

Your credit and payments solution

Founded 2021 Egypt Egypt 83 employees Pre-Seed Financial Services, Payments +1

General Information

Company Name Octo
Founded Year 2021
Location Egypt Egypt
Employees 83
Industries Financial Services, Payments, Banking
Funding Stage Pre-Seed
Social

BounceWatch is an independent company data service, not affiliated with Octo. To contact Octo, visit getocto.io.

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About Octo

Octo is a digital banking platform focused on underserved and underbanked Egyptians. Founded in 2016, the company operates in the Information Technology sector and is headquartered in Egypt. Its slogan, "Your credit and payments solution," encapsulates its mission.

The latest investment in Octo was a $100.00K Angel Round investment on 09 October 2020. The investors in this round included TRANGELS, Emrullah Saku, Huseyin Karayagiz, Ayhan Ağırgöl, Ozlem Petek Hun, and Ibrahim Ulukaya.

Considering the growing demand for fintech solutions in emerging markets like Egypt, Octo's focus on an underserved population presents a compelling investment opportunity. Their determination to address financial inclusion through digital banking aligns with current market trends and presents potential for significant growth and impact.

Business keywords: digital banking, underserved, underbanked, Egypt, credit solutions, payments solutions, community management, brand building, financial inclusion

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round Undisclosed -
01 Jul 2023
Pre Seed Round Undisclosed 5
The Fintech Fund Future Africa Unpopular Ventures
The Fintech Fund, Future Africa +3
01 Mar 2022

Octo Alternatives & Competitors

View All Alternatives
Octo vs
CANTILAN BANK, INC.
CANTILAN BANK, INC. Philippines

Your Friendly Community Bank

80 employees
Financial Services, Banking
Compare Octo vs CANTILAN BANK, INC.
Octo vs
iPayed™ eBank N.A. Fintech Start-Up (in formation)
iPayed™ eBank N.A. Fintech Start-Up (in formation)

Revolutionizing banking access for the unbanked and underbanked with cost free, real time digital do...

Seed
7 employees
Analytics, Financial Services
Compare Octo vs iPayed™ eBank N.A. Fintech Start-Up (in formation)
Octo vs
SOLmate
SOLmate South Africa

Your Money. Your Life. Your Way.

Seed
44 employees
Finance, Financial Services
View all alternatives

FAQ About Octo

Your credit and payments solution
Octo was founded in 2021.
Octo is headquartered in Egypt.
Octo operates in Financial Services, Payments and Banking. Its work centres on digital banking, underserved, underbanked and Egypt.
Octo has approximately 83 employees.
Octo has completed 2 funding rounds. The latest funding stage is Pre-Seed.
Top alternatives and competitors to Octo include CANTILAN BANK, INC., iPayed™ eBank N.A. Fintech Start-Up (in formation), SOLmate, Unbanked, Numa. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Octo and CANTILAN BANK, INC. 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 Octo, https://bouncewatch.com/company/octo, updated 29 December 2024. When citing, please name BounceWatch and link this page.

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