Egypt’s Sylndr raises $15.7m to digitize used-car sector

Egypt’s Sylndr raises $15.7m to digitize used-car sector
Source: PointAI

Egyptian e-commerce startup Sylndr has secured $15.7 million in Series A funding to expand its tech-driven platform, this according to TechCrunch. Founded in 2021, Sylndr connects car buyers and sellers to vehicle financing and maintenance services. It is developing a digital platform to allow buyers in Egypt to browse certified used cars online, obtain financing, and schedule servicing. This latest round in funding brings the total raised to around $30 million.

Great! You’ve successfully signed up.

Welcome back! You've successfully signed in.

You've successfully subscribed to MAGHREB INSIDER.

Success! Check your email for magic link to sign-in.

Success! Your billing info has been updated.

Your billing was not updated.