Established in 2018, CVentures is Egypt’s first corporate venture capital firm focused primarily on investing in category-defining companies with the potential to create meaningful change in financial services. CVentures has a strong investment bias toward entrepreneurs pushing boundaries and developing solutions based on new and innovative technologies. The firm partners with bold founders with deep market insights to build truly ground-breaking businesses with fundamentally distinguishable characteristics and disruptive business models. CVentures primarily participates in Series A and Series B investment rounds, and — on a selective basis — seed investment rounds in core financial applications including, but not limited to, capital markets and payments, money transfers and remittances, digital lending and financial data platforms, artificial intelligence, data analytics and machine learning, security and enterprise IT, insuretech, blockchain, marketing and customer experience, alternative finance, regtech, and digital banking solutions.
2019 Forward-Looking Strategy
In the next year, we plan to expand our network and foster meaningful relationships with experienced startup founders, leading technology investors, and prominent innovation executives across regional and global entrepreneurship ecosystems and technology hubs. We will also look to invest in category-changing companies that complement and intersect with CIB’s core businesses. On an opportunistic basis, we aim to attract non-fintech companies and financial inclusion enablers with unique value propositions and promising financial returns. This includes efforts to enhance the customer experience and leverage virtualization to provide transparency, access, and personalized services through persistent connectivity.