We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as the lead transactional legal counsel to Lucky One, a Cairo-based fintech company, in connection with securing USD 3 million from its funding round in the form of a convertible note, handling all matters concerning its legal efficacy, negotiation, and closing. The funding round included Lorax Capital Partners, KEM, and DisruptTech Ventures.

The newly obtained capital injection will bolster Lucky One’s efforts to become profitable and help align with Egypt’s national financial inclusion agenda.

The MBH team advising on the matter was led by Mohamed Essam (Partner and Head of Fintech & Emerging Companies and Venture Capital), Moustafa Rizk (Associate), and Dina Kamel (Associate).

For more information about Matouk Bassiouny, please visit www.matoukbassiouny.com