Egyptian Fintech Octane Raises $5.2 Million to Expand Fleet Expense Management Platform Across MENA
Egyptian fintech Octane raised $5.2 million led by Shorooq Partners, Algebra Ventures, and SC Holding to expand its digital fleet expense management platform across Egypt and MENA. The platform consolidates fuel, maintenance, and petty cash payments into a single wallet with AI features for fraud detection and route optimization, serving 1,600+ corporate clients nationwide.
