| Founded | 2021 |
|---|---|
| Closed | 2024 |
| Country | Egypt |
| Sector | Fintech |
| Total raised | $20M |
| Collapse type | Sudden Collapse |
| Founder | Ahmed Sabbah, Youssef Saber |
Telda
"Egypt's first social payment app raised $20M then ran into CBE regulation and currency controls it couldn't survive"
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Telda was a Cairo-based consumer fintech startup founded in 2021 offering Egypt's first social payment application — allowing users to split bills, send money, and request payments in a social feed interface.
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