Zaki Hashem with Algebra Ventures and Banque Misr

Zaki Hashem, Attorneys at Law represented both Algebra Ventures and Banque Misr in their successful investments in the USD 8 million Series A Funding round of Connect Money which took place last month. Separately, Algebra Ventures’ investment amounted to USD 1.5 million while the investment made by Banque Misr, through its investment arm Misr Capital, amounted to USD 1 million.

Zaki Hashem’s team

Zaki Hashem, Attorneys at Law’s team of lawyers advising on both transactions was led by senior associate Tarek El Erian (pictured) – with a scope that included advising on, drafting, negotiating, and reviewing the core transaction documents. Zaki Hashem lawyers also played a key role in advising on other aspects of the investments such as the Software Agreements and the Fintech Agreements between Banque Misr and Connect Money with regards to the co-issued prepaid cards.