Company Brief
MNZL wants to help these owners unlock their property wealth,
significantly lowering their cost of money, and bringing their assets into the formal economy.
Our vision is to create a digital “property wallet”. We want to redefine how home equity financing
works, and make accessing funding via your property-wealth frictionless, affordable and quick.”
Product
The first component of MNZL’s platform is our digital property registration service. MNZL solves that by offering a digital service that reduces registration fees for owners, leverages technology to allow scale.
Home equity financing
Once a property is registered and on our platform, we can easily provide Home Equity Loans on the said property through a seamless digital experience.
Business Model
Two key products:
Digital property registration
A flat rate on registering units on behalf of the customers
Home equity financing
1-2% commission from lenders on the total loan amount”
Target Market
Starting with Egypt, and scaling to similar underbanked economies in Africa.
MNZL wants to help these owners unlock their property wealth,
significantly lowering their cost of money, and bringing their assets into the formal economy.
Our vision is to create a digital “property wallet”. We want to redefine how home equity financing
works, and make accessing funding via your property-wealth frictionless, affordable and quick.”
Product
The first component of MNZL’s platform is our digital property registration service. MNZL solves that by offering a digital service that reduces registration fees for owners, leverages technology to allow scale.
Home equity financing
Once a property is registered and on our platform, we can easily provide Home Equity Loans on the said property through a seamless digital experience.
Business Model
Two key products:
Digital property registration
A flat rate on registering units on behalf of the customers
Home equity financing
1-2% commission from lenders on the total loan amount”
Target Market
Starting with Egypt, and scaling to similar underbanked economies in Africa.
Location: United Arab Emirates
Total raised: $3.5M
Investors 1
| Date | Name | Website |
| 13.03.2023 | Flat6labs | flat6labs.... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 23.05.2024 | Seed | $3.5M | - |
Mentions in press and media 5
| Date | Title | Description |
| 23.05.2024 | MNZL, an Egyptian fintech startup, has raised $3.5 million in a seed round | MNZL, an Egyptian fintech startup, has acquired $3.5 million in seed capital to improve its technology and scale operations to empower more Egyptians. P1 Ventures, Localglobe, and Ingressive Capital spearheaded the seed round of fundraising... |
| 14.05.2024 | MNZL's Innovative Approach to Asset-Backed Lending Transforms Credit Access in Egypt and the MEA Region | MNZL, a pioneering fintech startup headquartered in Cairo, Egypt, is making waves in the lending industry with its groundbreaking concept of asset-backed lending. By enabling users to leverage their assets such as homes and cars to secure l... |
| 13.05.2024 | MNZL Raises $3.5M in Seed Funding | MNZL, a Cairo, Egypt-based fintech startup allows users to transform their assets like homes and cars into liquidity for their projects and needs, raised $3.5M in Seed funding. The round was led by P1 Ventures, Localglobe, and Ingressive Ca... |
| 10.05.2024 | Egypt’s fintech MNZL raised $3.5 M Seed funding from P1 Ventures | To change the lending environment in Egypt and the MEA region, MNZL, a ground-breaking fintech startup, has successfully raised $3.5 million. Less than 10% of Egyptian adults have taken out a loan from a financial institution; since most of... |
| - | MNZL | - |