Splendapp raises pre-seed round to fuel expansion

Egypt-based Splendapp has raised an undisclosed six-figure pre-Seed round from a cluster of Saudi angel investors.
Founded in 2020 by Mohamed Khaled and Mohamed Shahin, Splendapp offers a software-as-a-service (SaaS) platform where users can easily develop IOS and android mobile applications in only 48-hours. The app allows its users to make changes they want without the need for external technical assistance.
Over the past period, Splendapp helped their clients across three countries to build their mobile applications. The company plans to use the newly acquired funding in expanding into the GCC market in the next six months.
“Besides expansion, this round will enable us to invest heavily in our product and team. I am excited about what’s ahead,” Khaled said.
Amid the current e-commerce boom witnessed in Egypt as well as regionally, the company also looks to address the demands of small retailers and facilitate their transition to the digital realm. Currently, the company focuses on developing e-commerce apps as Splendapp is designed to be easily integrated with e-commerce platforms such as Shopify, Woocommerce, Wix, Magento, and others.