Lorax Capital Partners
1 El Gabalaya St, Al Gabalayah, Zamalek, Cairo, Cairo Governorate, 11593, Egypt
Overview
Lorax Capital Partners is a private equity firm that seeks to invest in companies based in Egypt. The firm was founded in 2015 and is based in Cairo, Egypt.Incorporated in 2015, Lorax Capital Partners (“LCP”) is an Egypt focused private equity firm with approximately US$ 200 million of committed capital under management allocated primarily from the Egyptian American Enterprise Fund (www.eaefund.org). LCP is very well positioned to serve as a ‘bridge’ between Egypt, on the one hand, and global investors that are looking to generate attractive risk-adjusted returns while contributing to the economic development of the country.
- Total investments
- 7
- Lead investments
- 3
- Investments · 12mo
- 1
- Active investors
- 2
Sector focus
- Financial Services
- FinTech
Investment portfolio
- Mylerz
Led · Equity · Jul 2026
Founded in 2019 by Samer Gharaibeh, Mylerz provides end-to-end e-commerce logistics, fulfilment, and last-mile delivery supported by a technology platform that helps merchants manage shipments and operations. The company markets same-day and next-day delivery propositions and has been investing in fulfilment capacity and operational infrastructure as it expands domestically. Mylerz announced it raised over EGP100 million in new debt and equity financing led by Lorax Capital Partners with participation from Fawry and existing investors. The proceeds are intended to bolster the balance sheet, finance working capital, scale fulfilment infrastructure, and expand network capacity. This financing follows a $9.6 million round in 2022 and positions the company to capture rising e-commerce and cross-border volumes in Egypt.
- Lucky
Participated · Convertible Note · Aug 2024
Lucky offers digital consumer lending and small, fast loans aimed at users underserved by traditional banks, leveraging technology-driven risk models. The company positions itself as a fintech platform focused on inclusive financial services across the region. It is headquartered in the Middle East. Following the $23M Series B, Lucky plans to grow its technology team and upgrade its risk-control systems. The company also intends to use the funds to expand into additional regional markets. The articles do not provide revenue, user, or other operating metrics.
- MNT-Halan
Participated · Equity · Jul 2024
Founded in 2018 by Mounir Nakhla, MNT-Halan is a fintech and non-bank financial services platform that provides digital lending, payments, e-wallets, investments, and e-commerce services. The company operates across Egypt, Türkiye, Pakistan, and the UAE. MNT-Halan has disbursed more than $15.5 billion in loans and served over 8 million customers globally. It has achieved unicorn status with a reported valuation of $1.4 billion following the recent strategic investment. The proceeds from the current investment are intended to support expansion in Egypt and to fund regional growth. The company continues to grow its footprint through additional funding rounds, with the current round still ongoing after this first closing.
- Connect Money
Led · Seed · Jun 2024
Connect Money provides a BaaS platform that allows trade and other businesses to issue white-label debit and credit cards and embed payments, credit and loyalty features for their customers. The platform handles card issuance, KYC, customer support and mobile banking app development, letting clients avoid building infrastructure or securing regulatory licenses. The company charges clients a subscription fee per card per month and positions itself as a back-end manager for traditional and digital businesses. Connect Money highlights use cases across sectors such as agriculture, where supply-chain companies can issue cards to farmers to improve payments and stickiness. Launched early this year, the startup is planning expansion beyond Egypt into markets including Morocco and Kenya. The founding team includes CEO Ayman Essawy, CTO Wadi Jalil and COO Abdelaziz Sarhan. The company raised an $8 million seed round to support growth.