Egyptian RWA financial technology startup Mnzl completed a US$3.5 million seed round of financing, led by P1 Ventures and others
Golden Finance reported that Egypt’s RWA financial technology startup Mnzl announced the completion of a US$3.5 million seed round of financing, led by P1 Ventures, Localglobe and Ingressive Capital, 500 Global, Flat6Labs, First Circle Capital, Enza Capital, Beenok and a group of unnamed investors. Angel investors participated. Mnzl allows users to convert illiquid assets such as cars and real estate into liquid assets and upload the assets to a digital wallet for management.
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