Egyptian fintech startup, Zeal, raises $4 million

Zeal, founded in 2019 by Ebeid, Bellal Mohamed, and Amr Mohamed, allows users to link a payment method to the app's QR code, which they can then present to an in-store scanner for payment and loyalty punch collection in a single transaction. 

Vendors receive a dashboard for data analytics that tracks real-time branch spending. They can forecast future customer spending with this AI-powered dashboard. 

The customer-loyalty-focused fintech also offers actionable insights for influencing consumer behaviour, engaging customers through targeted offers and notifications, and analysing customer data to enhance purchasing frequency and loyalty.