Fundraising Fox

Sympl

San Rafael, US · Founded 2015 · Delaware corporation · 71 employees on LinkedIn · 4 known investors

Find your way into Sympl

101 people in our graph share verified history with the Sympl team — schools, employers, funds. One of them is your warm intro.

Roel Bulthuisunlockedknows Karim Tawfik · together at Merck Serono (overlapped)
knows the team · via SymplFinTech
knows the team · via Arrow Electronics
×2knows the team · via Agolo
×5knows the team · via Merck Serono
×2knows the team · via Cairo University

Sympl is a buy-now-pay-later platform that lets bank cardholders split purchases into 3, 4, or 5 interest-free installments at checkout without an application process, both in-store and online. It serves merchants and shoppers in Egypt, helping retailers expand sales across the country's cardholder base.

ConsumerDirect to ConsumerFintechRetail Tech

Founders & leadership

Sympl was founded in 2015 by Mohamed El-Feky, Karim Tawfik, and Yasmine Henna.

MEMohamed El-Feky
Mohamed El-FekyinCo-Founder & CEO
KTKarim Tawfik
Karim TawfikinCo-Founder & CTOHe brings 14+ years of backend development experience and previously led data engineering at Agolo and held senior software engineering roles at SiliconExpert, CyberSource, and Visa, where he worked on payment processing, data pipelines, and distributed systems.
YHYasmine Henna
Yasmine HennainCo-Founder & Chief Commercial Officer
JW
Jason WrightExecutive
SM
Scott MarchandExecutive

Investors · 4

A15Cairo
Capria VenturesBengaluru · $300K – $1M
BECO Capitalreported · 2 sourcesDubai · $905K – $60M
Global Venturesreported · 2 sourcesDubai · $1.5M – $50M

Funding

SEC filings, press & company announcements

$6.7M disclosed across 2 rounds · 2015–2021

▶$690KraisedJul 2016 · 11 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Jason WrightExecutive Officer, Director
  • Scott MarchandExecutive Officer, Director
Offering amount
$1.5M
Amount sold
$690K
First sale
Jul 2015
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Sympl - Egypt's first ever 'save your money pay later' platform raises $6 million seed - MENAbytesmenabytes.com · Dec 2021Egyptian Buy Now, Pay Later platform Sympl raises $6m in seed round | Arab Newsarabnews.com · Dec 2021Egyptian Fintech Sympl Raises $6M In Seed Round Led By UAE’s Beco Capitalforbesmiddleeast.com · Dec 2021Save Your Money Pay Later Pioneer Sympl raises $6M SEED | MAGNiTTmagnitt.com · Dec 2021Egyptian fintech Sympl raises $6M for its 'save now, pay later' service | TechCrunchtechcrunch.com · Dec 2021Belgian job recruitment startup Sympl has raised €1.1 million - Tech.eutech.eu · Jun 2017

Frequently asked questions

What does Sympl do?
Sympl is a buy-now-pay-later platform that lets bank cardholders split purchases into 3, 4, or 5 interest-free installments at checkout without an application process, both in-store and online. It serves merchants and shoppers in Egypt, helping retailers expand sales across the country's cardholder base.
Who founded Sympl?
Sympl was founded by Mohamed El-Feky, Karim Tawfik, Yasmine Henna in 2015.
Who are Sympl's investors?
Sympl's investors include A15, Capria Ventures, BECO Capital, Global Ventures.
How much funding has Sympl raised?
Sympl has disclosed $6.7M raised across 2 rounds.
Where is Sympl headquartered?
Sympl is headquartered in San Rafael, US.