What is Lucky?
Lucky operates a mobile application designed to enhance consumer financial management by offering cashback rewards, discounts, and flexible credit solutions through an extensive network of partner merchants. The platform seamlessly integrates shopping, payments, and financing, empowering users to optimize everyday spending while accessing short-term credit. By consolidating these functionalities into a single digital experience, Lucky aims to become a pivotal player in Egypt's burgeoning fintech landscape, fostering financial inclusion and convenience.
How much funding has Lucky raised?
Lucky has raised a total of $48M across 2 funding rounds:
Series A
$25M
Series B
$23M
Series A (2022): $25M with participation from Global Ventures
Series B (2026): $23M led by Suez Canal Bank, One Stop Capital, DisrupTech Ventures, and Development Partners International
Key Investors in Lucky
Suez Canal Bank
Suez Canal Bank offers a comprehensive suite of banking services, including personal, SME, corporate, digital, and Islamic banking, aiming to serve diverse client segments with innovative financial solutions and promote financial inclusion.
One Stop Capital
One Stop Capital Inc is a venture capital and private equity firm based in New York City, New York, focused on investing in growth-stage companies.
DisrupTech Ventures
DisrupTech Ventures is an early-stage venture capital firm in Cairo, Egypt, that invests in innovative tech entrepreneurs and disruptive ideas, providing both funding and strategic support.
What's next for Lucky?
With the recent infusion of $23M in a major strategic investment, Lucky is poised for accelerated growth and market penetration. The company is likely to leverage this capital to enhance its technological infrastructure, expand its merchant network, and broaden its service offerings, potentially including more sophisticated credit scoring models and personalized financial planning tools. This strategic financing, following its substantial overall funding of $48M, signals strong investor confidence and positions Lucky to further solidify its competitive advantage in the Egyptian fintech market, driving innovation in consumer finance.
See full Lucky company page
