Ayman Essawy

Founder and CEO, Connect Money
Studied at Arab Academy for Science, Technology and Maritime Transport, Bachelor's, Electronics and Communication Engineering
In their own words

“We have seen this in Amazon with the payment services and in many other digital platforms.”

The story

Ayman Essawy studied electronics and communication engineering at the Arab Academy for Science, Technology and Maritime Transport and attended Columbia Business School's executive programme on entrepreneurship and competitiveness in Africa. His career has included product development and pre-sales at Alkan Telecom, financing operations at Temasek, business development and operations at Sarmady, a Vodafone company, and internet marketing at Vodafone. In 2012 he co-founded Dsquares, a loyalty-solutions provider he describes as operating in seven markets, and served as its COO until 2021. He is also co-founder and CEO of Lucky App and sits on the board of Endeavor Egypt. Since June 2024 he has been founder and CEO of Connect Money, which provides embedded-finance services to other businesses. TechCrunch reported that these include card issuance, KYC, customer support and mobile-banking app development. That month Connect Money announced an $8 million seed round co-led by DisrupTech Ventures, Algebra Ventures and Lorax Capital Partners.

By the numbers
$8mSeed round, June 2024
Career
Founder and CEO, Connect Money2024 to present
Co-Founder & COO, Dsquares2012 to 2021
Co-Founder & CEO, Lucky App
Board Member, Endeavor Egypt
Internet Marketing & VAS, Vodafone
Business Development & Operations, Sarmady - a Vodafone Company
Financing Operations, Temasek
Product Development & Pre-sales, Alkan Telecom
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