Diligence memo · auto-generated · as of July 2, 2026
SETTLE
SETTLE looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
SETTLE operates in Fintech, based in Africa. Egyptian fintech startup SETTLE has raised a US$2 million pre-seed round of funding to accelerate its global expansion and further develop its platform.
Sub-sector tags: fintech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
SETTLE has raised $2.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $2.0M on 2024-09-30.
Most recent recorded round closed around 2024-09-30.
Valuation (modeled)modeled
Provath models SETTLE at approximately $8.4M (range $1.3M–$26M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.33× the median modeled value of Pre-Seed Fintech companies in 2022–2024 (31 peers) — value vs value, same stage and era. Within the normal band (133% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 21 mo ago; this sector typically re-raises about every 12 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 77% of Fintech peers (1063 compared).
Modeled value ranks above 71% of those peers.
Closest niche peers: MoneyHash, Nexta, Sava, Exponent Wealth Inc., Anchor.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.