Close Menu
    What's Hot

    China to Drop Tariffs on African Exports

    June 13, 2025

    Egypt’s Paysky Unveils “Pay by Bank” to Transform Digital Payments

    June 11, 2025

    Experts Unite to Close Africa’s $81 Billion Trade Finance Gap

    June 9, 2025
    Gulf Africa ReviewGulf Africa Review
    • Industry
    • Infrastructure
      1. Airport
      2. Hospitality
      3. Ports
      4. Power
      5. Rail
      6. Roads
      7. Transport
      Featured

      Osun seeks to capitalise on infrastructure momentum

      Infrastructure May 21, 2018
      Recent

      Salpha Energy Secures $1.3M to Expand Nigeria’s Solar Manufacturing Capacity

      June 6, 2025

      South Africa – Infrastructure Overhaul Set to Boost Transport and Trade

      May 16, 2025

      Navigating Challenges in the African Air Cargo Industry

      March 5, 2025
    • Business & Trade
      1. Agri-Business
      2. Entrepreneurship
      3. FDI
      4. Legislative
      5. MEA
      6. Telecoms
      7. Properties
      Featured

      Analysts predict bullish future for Nigeria’s REITs market

      Business Business & Trade January 21, 2018
      Recent

      Egypt’s Paysky Unveils “Pay by Bank” to Transform Digital Payments

      June 11, 2025

      Experts Unite to Close Africa’s $81 Billion Trade Finance Gap

      June 9, 2025

      Nigeria Launches Air Cargo Corridor to Boost Intra-African Trade

      May 30, 2025
    • Finance
      1. Banking
      2. Islamic finance
      Featured

      DP World and Nedbank Elevate Trade Finance in Africa

      Finance Trade September 18, 2024
      Recent

      DP World and Nedbank Elevate Trade Finance in Africa

      September 18, 2024

      Arab Coordination Group commits $50 billion for Africa’s sustainable development

      November 13, 2023

      MENAT to see investment flows increase substantially

      September 4, 2023
    • Innovation
    Gulf Africa ReviewGulf Africa Review
    Finance

    Exits.me raises USD 1 million in pre-seed round

    September 26, 20223 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Exits.me
    Exits.me seeks to assist SMEs in accessing funding and completing M&As.
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Exits.me aims to provide an online platform to ease M&As and investments and aid MENA SMEs and startups.

    Cairo-based fintech startup Exits.me, an investment banking marketplace, has raised USD 1 million in funding in a pre-seed round. The round was funded with the support of UK-Based Exits.me, a number of Egyptian Angel investors including Omar Amer, Abdel Meguid Amer, Omar Wagdy, Adham Wagdy, and Ayman Essawy, Baseeta Investments Holding and Mawelni Holding for Financial Investments and the company’s founders.

    Exits.me: Assisting smaller companies

    The Egyptian fintech was founded by Mohamed Aboul-Naga, Ahella Al-Saban, and Ayman Al-Tanbouly in 2022 and aims to assist companies in the M&A process and in securing investments. Exit.me’s online platform, which also offers a comprehensive financial advisory service, seeks to create a system by which M&As are facilitated in a simple manner.

    Exits.me was initially acquired by PIE, an M&A consultancy firm founded by Aboul-Naga, early this year. The company has created a beta version of its platform and is working to release a new platform to cater to what it is believes is an underserved segment of the market – funding and M&A support for SMEs and startups across the MENA region.

    The founders seek to bolster activity within the MENA region by increasing investment awareness and spreading education on the importance of early investments in all verticals and business functions.

    Barriers to entry

    “We want start-ups and SMEs who are off the radar of conventional investment banks to have a user-friendly and automated means of engaging in M&A and investment opportunities,” said investor Omar Wagdy. The founders believe that businesses overlooked by investment banks due to their smaller ticket sizes are finding it hard to find opportunities for investment.

    Other factors including high fee markups, and retainer costs required by traditional investment banks are also proving to be a barrier to entry for smaller companies, according to Exits.me.

    The need for funding

    In 2018, the Middle East alone had over three times the number of exits seen in 2012 and these numbers continue to grow. A report by E&Y, MENA recorded 359 M&A deals worth $42.6bn in 1H 2022 despite global market volatility. M&A activity saw a 12% y-o-y rise in deal count, largely led by the UAE, Egypt, Saudi Arabia, Morocco, and Oman.

    “Exits.me’s team expects to see continued growth in the need for M&A/funding across the region within the next three to five years, and this fresh capital to Exits.me will address this increasing gap,” said investor Omar Amer.

    Exits.me has already signed over 25 active sell/buy side advisory agreements, with 30 more in the pipeline, for a value of USD 150-200 million. The platform is currently procuring its crowdfunding license from the Financial Regulatory Authority (FRA) to manage and arrange crowdfunding campaigns, opening a new market for the MENA region and allowing individuals to make investments.

    The beta platform can currently be accessed here.

    MENA startups raised USD 378 million in August.

    Exits.me finance investments M&A
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleEDF and GIBB Power to develop three wind energy projects in South Africa
    Next Article Namibian solar power: 125 MW solar plant to boost Southern African Power Pool

    Related Posts

    Logistics

    Cargoplug Expands, Strengthening UK-Nigeria Logistics Corridors

    May 23, 2025
    Agri-Business

    FarmXic Deploys Soilless Farming Kits to Power Urban Agriculture in Nigeria

    May 19, 2025
    Agri commodities Agri-Business

    Kilimo BaNDO – Transforming Tanzanian Agriculture Through Digital Integration

    April 22, 2025
    View 1 Comment

    1 Comment

    1. Pingback: CheckMe acquires a majority stake in DoctorOnline through Exits MENA

    Leave A Reply Cancel Reply

    LATEST STORIES

    China to Drop Tariffs on African Exports

    June 13, 2025

    Egypt’s Paysky Unveils “Pay by Bank” to Transform Digital Payments

    June 11, 2025

    Experts Unite to Close Africa’s $81 Billion Trade Finance Gap

    June 9, 2025

    Salpha Energy Secures $1.3M to Expand Nigeria’s Solar Manufacturing Capacity

    June 6, 2025

    Turuq Innovations: Transforming Egypt’s Last-Mile Delivery for Small Businesses

    June 4, 2025
    • Business
      • Agri-Business
      • Entrepreneurship
      • FDI
      • Legislative
      • MEA
      • Properties
      • Telecoms
    • Infrastructure
      • Airport
      • Hospitality
      • Ports
      • Power
      • Rail
      • Roads
      • Transport
    • Finance
      • Banking
      • Islamic finance
    • Commodities
      • Agri commodities
      • Metals & minerals
      • Precious metals
    • Culture & Society
      • Education
      • Energy
    GAR logo
    © GulfAfricaReview.com 2014-2022, All Rights Reserved.

    Gulf Africa Review is a trade news and future networking platform for businesses leaders and trade organisations, established to first inform and secondly assist in facilitating the ongoing business and trade relations between the Gulf Cooperation Council countries and Sub-Saharan Africa. We aim to provide an apolitical voice for this channel of economic activity in a way that benefits both geographies by improving the availability of information about market events, developments and opportunities, while publicising the successes achieved by this ever-broadening regional relationship.

      Subscribe to our newsletter

      Type above and press Enter to search. Press Esc to cancel.