When was Agel founded?

Agel was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Where is Agel located?

Agel is headquartered in Maadi, Egypt.

Who is the current CEO of Agel?

Abdelrahman Saeed of Agel. They have also founded 2 companies.

How many employees does Agel have?

As of Sep 30, 2026, the latest employee count at Agel is 15.

Is Agel a funded company?

Agel is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jun 21, 2023.

When was the latest funding round of Agel?

Agel's latest funding was a $***** Seed round on Jun 21, 2023, with participation from 5 investors. Its primary sector is Digital Lending. In Egypt, the Digital Lending sector has seen $256M in funding in 2026 to date.

Where does Agel rank among its competitors?

Agel ranks 4th amongst 5 active competitors, of which 4 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was MNT Halan, which secured $82M in Oct, 2026.

Who are the top competitors of Agel?

Agel's top competitors include MNT Halan, Halan and Kashat. Among them, MNT Halan secured the most recent funding round in October, 2026.

Agel - 2026 Company Profile, Team, Funding & Competitors

Agel is a seed company based in Maadi (Egypt), founded in 2021 by Abdelrahman Saeed and Ahmed El Sherbiny. It operates as an Online lending platform for merchant financing solutions. Agel has raised an undisclosed amount in funding from investors like Flat6Labs, Plus VC and Seedstars International Ventures. The company has 5 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like MNT Halan, Halan and Kashat.

Company Details

Online lending platform for merchant financing solutions. It offers a platform where small and medium businesses can get buy now pay later financing solutions for buying goods, and services. It provides loans to Islamic companies. Its app is available for Android users.

Website: agel.io
Email ID: *****@agel.io
Phone Number: +20 **********

Key Metrics

Founded Year

2021

Location

Maadi, Egypt

Stage

Seed

Latest Funding Round

Seed, Jun 21, 2023, $*****

Investors

Flat6Labs & 4 more

Ranked

4^th among 5 active competitors

Employee Count

15 as on Sep 30, 2026

Similar Companies

Funding Societies & 748 more

View Agel's full profile

Agel has raised funding over 1 round. Its latest funding round was a Seed round on Jun 21, 2023 for $*****. 5 investors participated in its latest round. Agel has 5 institutional investors.

Here is the list of recent funding rounds of Agel:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 21, 2023	2460863	Seed	7287149	1331750	2042339	5728660

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View details of Agel's funding rounds and investors

The founders of Agel are Abdelrahman Saeed and Ahmed El Sherbiny. Abdelrahman Saeed is the CEO of Agel.

Here are the details of Agel's key team members:

Abdelrahman Saeed: Co-Founder & CEO of Agel and founder of 1 other company.
Ahmed El Sherbiny: Co-Founder of Agel.

View details of Agel's Founder profiles and Board Members

Agel's employee count trend

Agel has 15 employees as of Sep 26. Here is Agel's employee count trend over the years:

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Top competitors of Agel include MNT Halan, Halan and Kashat. Here is the list of Top 10 competitors of Agel, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MNT Halan 2017, Giza (Egypt), Series E	Provider of lending, payment, and e-commerce solutions for underserved markets	$668M	Apis Partners, Chimera & 17 others	68/100
2nd	Halan 2017, Giza (Egypt), Series B	Provider of financial services including lending, investment, money transfer, and shopping	$19.9M	Algebra Ventures, Middle East Venture Partners ... & 1 others	62/100
3rd	Kashat 2019, Cairo (Egypt), Acquired	App-based platform for business loans	$1.75M	Launch Africa, Cairo Angels & 2 others	45/100
4th	Agel 2021, Maadi (Egypt), Seed	Online lending platform for merchant financing solutions	-	Flat6Labs, Seedra Ventures & 3 others	31/100
5th	WeLend 2024, Cairo (Egypt), Seed	Provider of AI-powered lending solutions for individuals and small businesses	$100K	Orbit Ventures	18/100
6th	Easy Money Loan 2020, Liverpool (United Kingdom), Deadpooled	Online lending solutions for consumer and business loans	-	-	15/100