Egypt-based financial technology firm Bokra has secured $4.6 million in a pre-seed round led by DisrupTech Ventures and SS Capital. The funding aims to launch the Bokra app, expand investment product offerings, and scale operations across the Middle East and Northern Africa (MENA). Bokra plans to offer goal-based investment and savings products via asset-backed securities, addressing challenges faced by retail and Small and Medium-sized Enterprises investors.
With a focus on financial inclusion, Bokra aims to become the preferred investment platform in MENA, providing personalized investment planning and fractional ownership of diverse products. The investment comes at a crucial time, with high demand for alternative investment solutions in regions like Morocco and Egypt, where a significant portion of the population lacks access to banking services.