Balad
PrivateLast Round
Pre Seed
May 8, 2023
Momentum
Top 10%
of companies Caplight tracks
Company Overview
Balad operates in FinTech and is based in Cairo. Its latest recorded funding round was a Pre Seed round in May 2023.
Balad is a fintech company that provides an API-enabled cross-border remittance and bill payment platform for global money transfer operators and fintechs to serve the Egyptian market.
Sector
FinTech
Verticals
Digital Payments, Foreign Exchange, API Management, Workflow Automation
Business Model
B2B
Customer Profile
Usage-Based SaaS, Services & Consulting
AI Layer
Non-AI
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Balad Comparables
Compare Balad with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Fable Fintech | 79% | |
| PayAll | 78% | |
| MFS Africa Frontiers | 74% |
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Balad Funding Rounds
Historical fundraising activity
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Key People
Founding team and executive leadership
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Balad Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Launch Africa Ventures | Pre Seed |
| Magic Fund | Pre Seed |
| Future Africa | Pre Seed |
| First Circle Capital | Pre Seed |
| Acasia Ventures | Pre Seed |
| Sunny Side Venture Partners | Pre Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 21, 2026
Grew 18% QoQ, from 38 to 45 employees.
- Jul 23, 2026
Grew 32% QoQ, from 34 to 45 employees.
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Recent news
Latest coverage and updates
- partners_withAug 12, 2026
In Feb '25, Balad partners with Banque du Caire to go live as Egypt's first remittance aggregator with full Central Bank of Egypt approval, supporting regulated digital cross-border money transfers in Egypt.
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Balad Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Balad's valuation, stock price, and market status.
Is Balad a public or private company?
Balad is a private company.
What is the current stock price of Balad?
Balad is a private company, so its shares have no public market price. Caplight tracks Balad's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Balad worth (valuation)?
Valuation information for Balad is not publicly available.
Can I buy Balad stock?
Balad shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Balad's last funding round?
Balad's most recent funding round was Pre Seed on May 8, 2023.
Who are the main investors in Balad?
Key investors in Balad include Acasia Ventures.
Will Balad IPO soon?
No public IPO plans have been announced for Balad.
How can I track Balad secondary market activity?
Caplight tracks bids, offers, and trades in Balad's shares on secondary markets.