Egypt's Koinz Raises $4.8M Seed Led by Tinder Co-Founder Justin Mateen
Cairo-based restaurant engagement platform Koinz has raised a $4.8 million seed round led by Justin Mateen, co-founder of Tinder, with 4DX Ventures also participating. Koinz helps restaurants use data and a digital rewards system to grow revenue. Some 4 million users had
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Koinz operates a customer-engagement platform that lets restaurants collect and track real-time data on customer behaviour, improve satisfaction and run a digital rewards system. The $4.8 million seed round was led by Justin Mateen, founder and former CMO of Tinder, with participation from Africa-focused 4DX Ventures and angel investors from Egypt, Turkey and Saudi Arabia.