FundedIQ
Commerce and Shopping

Fincart: Funding, Investors & Team (Sep 2026)

Fincart aids small and medium-sized e-commerce businesses in obtaining working capital by optimizing their shipping processes using a multi-courier platform for last-mile delivery.

fincart.io LinkedIn Cairo, Egypt 11-50 employees Founded 2023
E-Commerce FinTech SaaS B2B
Total raised
$2.8M
Rounds
3
Latest
Seed
Jul 2026

Fincart has raised $2.8M across 3 funding rounds on record, the most recent a Seed of $2.8M announced in Jul 2026.

That round is below the $3.5M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.

Fincart Company Profile and Key Stats

Total funding raised
$2.8M
across 3 rounds on record
Funding rounds on record
3
2 with no disclosed amount
Latest funding round
Seed
$2.8M in Jul 2026
Employees
11-50
reported band
Founded
2023
Headquarters
Cairo, Egypt
Investors on record
15
5 named below

Latest funding round on record: Jul 2026.

Fincart Funding Rounds

Date
Round
Amount
Seed
$2.8M
Pre-Seed
Undisclosed
Pre-Seed
Undisclosed

2 of 3 rounds were announced without a disclosed amount and are excluded from the total.

Fincart announced a Pre-Seed in Oct 2024; the amount was not disclosed.

3 months later, a Pre-Seed was announced in Jan 2025 with no disclosed amount.

1.5 years later, a Seed of $2.8M was announced in Jul 2026.

Fincart Investors

Kalahari Venture Labs Plug and Play African Export-Import Bank Antler Launch Africa

15 investors are recorded in total; the 5 named above are those the record identifies.

Fincart Founders and Leadership Team

Name
Role
Contact
Mostafa Masry
Co-Founder & CEO
Locked
Nihal Ali
Founder
Locked
Ravi Dutt Sharma
Founder

Contact details for the Fincart team: 2 of 3 have an email address on file, 2 have a LinkedIn profile.

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Fincart Funding Compared to Other Commerce and Shopping Startups

Segment
Companies
Median round
174
$5.5M
16,664
$3.1M

Fincart's latest round of $2.8M is below the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.

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Fincart Funding FAQs

What does Fincart do?

Fincart aids small and medium-sized e-commerce businesses in obtaining working capital by optimizing their shipping processes using a multi-courier platform for last-mile delivery.

How much funding has Fincart raised?

Fincart has raised $2.8M across 3 rounds on record. The most recent is a Seed of $2.8M announced in Jul 2026.

When did Fincart last raise funding?

Fincart's most recent funding round on record is a Seed of $2.8M, announced in Jul 2026.

Who has invested in Fincart?

Investors on record for Fincart include Kalahari Venture Labs, Plug and Play, African Export-Import Bank, Antler, Launch Africa. FundedIQ records 15 investors in total.

Who founded Fincart?

FundedIQ lists Mostafa Masry (Co-Founder & CEO), Nihal Ali (Founder), Ravi Dutt Sharma (Founder) at Fincart.

Where is Fincart headquartered?

Fincart is based in Cairo, Al Qahirah, Egypt.

How many employees does Fincart have?

Fincart is in the 11-50 employee band.

When was Fincart founded?

Fincart was founded in 2023.

How does Fincart's funding compare to other Commerce and Shopping startups?

Fincart's latest round of $2.8M is below the $3.5M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.

About FundedIQ's Fincart Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Fincart is left off this page rather than filled in.

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