.Egypt's Fintech SETTLE Secures USD 2 M in Pre-Seed Backing.RESOLVE, an Egypt-based fintech, has actually raised USD 2 M in a pre-seed funding around led through Shorooq Partners. El Sewedy Resources Holding, Acasia Ventures, as well as Plus VC took part. Founded in 2023 by Kamil Sayour and also Mostafa Mobarak, resolve deals an online B2B repayment system focused on improving businesses' financial functions.The provider intends to make use of the funds to expand in to worldwide markets and also additional build its system. Currently in its own pre-launch stage, clear up insurance claims to have actually processed over USD 1 M in transactions in the course of its testing phase, operating across construction, power, and also having industries. The system intends to streamline payment processes while delivering companies real-time capital understandings.