Nclude
Overview
A venture capital firm, initially launched by Global Ventures, that focuses on investing in early-stage (Seed to Series A) fintech and fintech-enabled startups in Egypt, the Middle East, and Africa. The fund was established in partnership with major Egyptian banks including Banque Misr, National Bank of Egypt, and Banque du Caire to accelerate fintech innovation and financial inclusion. In April 2025, UK-based firm Development Partners International (DPI) took over management of the fund.
Portfolio Companies
6
Website
nclude.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Khazna | Feb 2025 | pre_series_b | - |
| Paymob | Sep 2024 | Series B Extension | - |
| FlapKap | Sep 2024 | Early Funding | - |
| Partment | Sep 2022 | Pre Seed | Lead |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Nclude based?
Nclude is headquartered in Cairo, Cairo, Egypt.
When was Nclude founded?
Founding year information for Nclude is not publicly available.
How many portfolio companies does Nclude have?
Nclude has 6 portfolio companies in Caplight's dataset.
What are some companies in Nclude's portfolio?
Recent investments visible on Caplight include Khazna, Paymob, FlapKap, FlapKap, Partment.
What was Nclude's most recent investment?
Nclude's most recent investment on Caplight was in Khazna in 2025.
What sectors does Nclude focus on?
Nclude focuses on FinTech, FinTech, FinTech, Real Estate & PropTech, FinTech, FinTech, Consumer & Commerce, Enterprise Software, FinTech, Consumer & Commerce.
What company stages does Nclude focus on?
Nclude typically invests at the Early stage.
What is Nclude's AUM?
Nclude's assets under management are estimated between $105.0M and $110.0M.