Egyptian DigiFi Network Raises Pre-Seed Funding from Loyal VC

DigiFi became the first-ever Egypt-based startup to raise pre-seed funding round from Toronto-based Loyal VC.

Ahmed Nassef and Mohamed Maher founded DigiFi in 2019 after they participated in the Founder Institute accelerator program. DigiFi is a marketing tool that helps businesses engage their customers as well as increasing their level of satisfaction and loyalty via many features. It allows them to connect with their customers on all Wi-Fi-enabled devices using interactive ad units and mobile-optimized campaigns.

DigiFi’s portfolio includes Four Seasons’ First Mall, Mountainview Clubhouse, Sachi, Kazoku, the Mokai Chain, and others.

"I am so proud to be the first Egyptian startup of Loyal VC’s portfolio. Their continued support and mentorship with their class A mentors will add a lot of value to our company,” said Ahmed Nassef.

With the vision of become one of the biggest free Wi-Fi suppliers in the MENA Region, the duo Nassef and Maher plan to benefit from the fund in enhancing the UI of their platform, add more features, and expand geographically.