📋 Company

OverviewCVentures is an early-stage cross-border venture capital firm focused on fintech, committed to supporting innovative companies with disruptive business models and deep market insights. As the corporate venture capital arm of Commercial International Bank (CIB) in Egypt, CVentures combines the agility of an independent investor with the resources of CIB to invest in next-generation platforms and technology innovators in the financial services sector. With a presence in Egypt, the Middle East, Africa and other cross-border markets, it focuses on supporting fast-growing startups to drive financial inclusion and economic growth.

🏢 Full name of basic information

: CVentures

Parent Company: Commercial International Bank (CIB)

active operating status

, no information of bankruptcy or closure has been reported, CVentures continues to invest and maintain operations.

backgroundCVentures is Egypt's first fintech-focused corporate venture capital firm, founded in 2018 by CIB, Egypt's largest private bank. Its establishment reflects CIB's emphasis on the potential of Egypt's financial services sector, with the aim of driving financial inclusion and economic growth by investing in fintech start-ups. CVentures combines CIB's extensive resources and network to support fast-acting, forward-thinking start-up teams with a focus on investing in businesses with disruptive business models. Its investment activities are not limited to Egypt, but also expand into other high-potential markets in the Middle East, Africa and around the world.

registered capital, public information on registered capital,

does not clearly disclose the registered capital of CVentures. As CIB's corporate venture capital arm, it is funded primarily by CIB's capital allocation, the exact amount of which is not disclosed.

key executive background

• Emad Fouad, Managing Director: Emad Fouad is a core leader at CVentures with extensive financial and investment experience. He has in-depth expertise in the fintech and venture capital sectors, having held senior positions at CIB and other financial institutions, focusing on driving the growth of innovative businesses.

• Shady Tadross, Investment Director: Shady Tadross is responsible for portfolio management and project evaluation, has a background in financial services and technology investment, and has been involved in a number of investment transactions for fintech companies such as MagicCube. Other executive information was not disclosed in detail through public channels.

advisory teamThe

information of CVentures' advisory team is not clearly listed on the official website or other public channels, but it relies on CIB's extensive resources, which may include CIB's internal financial experts, industry consultants and external partners, and the specific members are not disclosed.

enterprise

architectureCVentures maintains a high degree of operational autonomy as CIB's independent corporate venture capital arm. Its structure includes an investment team, an operational support team and a strategic partnership department. The investment team is responsible for screening and evaluating investment opportunities, the operations support team provides back-office support, and the strategic partnerships department works with CIB and other ecosystem partners to provide resources and network support to portfolio companies. The specific division of departments and the size of the staff were not disclosed.

shareholding structure

of CVentures The shareholding structure of CVentures was not publicly disclosed. As CIB's wholly-owned venture capital arm, its equity may be wholly owned by CIB, and there is no further information on the exact distribution.

Corporate

Venture Capital (CVC), affiliated to Commercial Bank (CIB), focuses on minority equity investment, focusing on early-stage and growth-stage fintech companies.

🗂 company classification

CVentures fall under the Corporate Venture Capital (CVC) category, specifically venture capital institutions affiliated with banks. Its core business revolves around early-stage investments in the fintech sector, combined with the financial services expertise of its parent company, CIB, to provide capital and strategic support to start-ups.

📊 Market segmentation

CVentures is primarily active in the following markets:

• FinTech: Investing in payments, digital banking, blockchain, insurtech, and more.

• Venture Capital: Focus on cross-border investments in the early stage (seed round, Series A) and growth stage (Series B).

• Cross-border markets: Covering Egypt, the Middle East, Africa and other high-growth markets around the world, it is a global investment field.

💼

CVentures' services include:

• capital investment: providing seed, Series A and Series B minority investments to fintech start-ups.

• Strategic support: Providing market entry, product distribution and follow-on financing support to portfolio companies through CIB's network and resources.

• Eco-collaboration: Collaborate with local and cross-border innovation ecosystems to facilitate rapid growth and market adoption of portfolio companies.

• Technology Enablement: Support enterprises to develop and deploy cutting-edge technologies such as artificial intelligence, blockchain, and data analytics.

🛡️ Regulatory information

As the corporate venture capital arm of CIB, CVentures is regulated primarily through its parent company, CIB. CIB is regulated by the Central Bank of Egypt (CBE) with the following information:

• regulatory license number: CIB has a banking license number of CBE-1976 (registered in 1976).

• Regulated: Central Bank of Egypt.

• Regulatory entry into force: 1976 (the time when the CIB was established and granted a banking license, and CVentures as its division was subject to the same regulatory framework).

As a venture capital entity, CVentures is not independently disclosed by a regulatory license and its investment activities are conducted under the CIB's compliance framework and comply with the financial regulations of Egypt and related markets.

📈 trading products

CVentures does not directly provide trading products, but instead invests in transaction-related products and services in the following areas:

• payment and settlement: such as MagicCube's contact payment platform.

• Digital Banking & Accounting: Banking & Accounting apps such as Countingup.

• Blockchain & Cryptography: Supporting blockchain-driven financial solutions.

• InsurTech & Wealth Management: Invest in innovative insurance and investment management platforms.

Specific trading products are developed and provided by its portfolio companies, and CVentures itself does not directly operate the trading platform.

💻 trading software

CVentures does not develop or provide trading software, but its portfolio companies may offer the following types of transaction-related software:

• payment processing software, such as MagicCube's Software Defined Trust payment solution.

• Financial management applications: such as Countingup's SME banking and accounting software.

• Blockchain platform: Software that supports decentralized finance (DeFi) or on-chain transactions.

CVentures supports the development and commercialization of these software through capital and strategic support.

💳 deposit and withdrawal methods

As a venture capital firm, CVentures does not directly handle the deposit and withdrawal of client funds. Its portfolio companies may offer the following deposit and withdrawal methods (e.g. MagicCube and Countingup):

• Electronic payments: Accept card payments, digital wallets, or QR code payments via mobile devices or POS terminals.

• Bank Transfer: ACH transfer or international remittance is supported.

• Digital wallets: Integrate Apple Pay, Google Pay, and more.

The exact deposit and withdrawal methods depend on the portfolio company's business model and CVentures is not directly involved.

📞 customer support

CVentures' customer support is primarily for its portfolio companies and partners, not for end consumers. Support includes:

• portfolio support: providing strategic consulting, market entry guidance and resource docking for portfolio companies.

• Ecosystem Collaboration: Provide local and cross-border business support to enterprises through CIB's network.

• Communication channels: Communicate with the team through the contact form on the official website (https://cventures.vc/), X account (@CVenturesVC) or direct mail.

The size of the customer support team and operational details were not disclosed.

🚀 Core business and services

CVentures' core business is early-stage venture capital, focusing on innovative companies in the fintech space. Its key services include:

• investment screening and execution: evaluating start-ups with disruptive business models and deep market insights, participating in seed, A and B rounds.

• Strategic Enablement: Leverage CIB's resources and network to help portfolio companies accelerate product distribution and market adoption.

• Cross-Border Collaboration: Establish global partnerships to support portfolio companies' expansion in international markets.

• Technical support: Promote the application of cutting-edge technologies such as artificial intelligence, blockchain, and data analysis in financial services.

CVentures' portfolio includes MagicCube (a contactless payment platform), Countingup (a digital banking and accounting application), etc., covering multiple segments such as payments, digital banking, and blockchain.

🖥 Technical infrastructure

CVentures itself does not operate the technology infrastructure directly, but its portfolio companies rely on the following technology infrastructure:

• cloud platforms such as AWS, Azure, to support the SaaS and data analytics platforms of the portfolio companies.

• Blockchain technology: for decentralized finance and payment solutions.

• Security technologies: such as MagicCube's Software-Defined Trust (SDT) technology, which is used to replace traditional hardware security modules.

• Artificial Intelligence & Data Analytics: For optimizing customer experience and risk management in financial services.

CVentures supports the development and deployment of these technologies through investments, and the implementation of these technologies is the responsibility of the investee companies.

⚖️ Compliance and risk control system

CVentures' compliance and risk control system is based on the overall framework of CIB, which includes:

• compliance framework: compliance with the regulatory requirements of the Central Bank of Egypt to ensure that investment activities comply with financial regulations.

• Due Diligence: Conduct rigorous financial, legal and technical assessments of potential investment targets to reduce investment risks.

• Risk Management: Diversify market and sector risk by diversifying your portfolio (covering payments, blockchain, insurtech, etc.).

• Data protection: Comply with Egyptian and international data privacy regulations (e.g., GDPR, depending on the market) to ensure the data security of portfolio companies.

The specific risk control process and tools are not disclosed, but CIB's bank-level compliance system provides solid support for it.

🌟 Market positioning and competitive advantage

Market

PositioningCVentures is positioned as an early cross-border venture capital leader in the fintech space, focusing on supporting companies with disruptive business models and filling the fintech investment gap in Egypt and the Middle East. Its target markets include Egypt, the Middle East, Africa and the global high-growth economies.

competitive advantage

• CIB's resource support: Backed by the network and capital of Egypt's largest private bank, CVentures is able to provide portfolio companies with unique strategic resources and market entry opportunities.

• Cross-border investment capabilities: Geographically agnostic investment strategies that enable it to capture global fintech opportunities.

• Agile and professional combination: Combine the rapid decision-making ability of independent investors and CIB's professional financial background to provide efficient support.

• Focus on financial technology: Deeply engaged in high-growth fields such as payment, blockchain, and digital banking, and has accumulated professional insights and industry networks.

🤝 Customer support and enablement

CVentures' customer support is focused on its portfolio companies, empowered by<

For example, CVentures' investment in MagicCube not only provided funding, but also led to partnerships with banks in the Middle East to accelerate the deployment of its payment platform.

🌍 Social Responsibility and ESG

CVentures' social responsibility and ESG (Environmental, Social, Governance) practices are primarily reflected in its investment activities:

• Financial Inclusion: Investing in start-ups that drive access to financial services, such as digital banks and payment platforms, to help underserved groups access financial services.

• Supporting the innovation ecosystem: Promoting the development of the entrepreneurial ecosystem in Egypt and the Middle East through partnerships with universities, incubators, and research institutes.

• Sustainable investing: Prioritize supporting projects with long-term social and economic impact, such as blockchain-powered transparent financial solutions.

Specific ESG policies and quantitative indicators are not disclosed in public information, but their investment direction is consistent with the sustainable development goals of financial inclusion and technological innovation.

🤲 Strategic cooperation ecosystem

CVentures' strategic partnership ecosystem includes:

• parent company CIB: providing capital, customer network and financial expertise.

• Portfolio companies, such as MagicCube and Countingup, to develop innovative financial products in cooperation with them.

• Regional partners: such as banks and financial institutions in the Middle East (e.g. areebaBank) to support market entry for portfolio companies.

• Global network: Partnering with international venture capital firms and technology companies to facilitate cross-border transactions and financing.

The list of specific partners and details of the cooperation are not fully disclosed, but its ecosystem is centered on CIB and radiates to the global fintech field.

💰 financial health

No specific data has been publicly disclosed for the financial health of CVentures. As a wholly owned division of CIB, its financial position is dependent on CIB's overall financial strength. As the largest private bank in Egypt, CIB has a solid balance sheet and market reputation, providing reliable funding for CVentures. CVentures' investment activities, including investments in MagicCube, Countingup, etc., demonstrate its ability to continue to invest and its financial position.

🛤️ future roadmap

CVentures' future roadmap is not disclosed in detail in public information, but based on its existing strategy and market positioning, it can be speculated that its focus directions include:

• expanding portfolio: continue to invest in fintech segments such as blockchain, artificial intelligence, and insurtech.

• Deepen cross-border cooperation: Strengthen ecological partnerships with the Middle East, Africa and global markets to expand investment impact.

• Supporting the ecosystem: Incubating more local start-ups through partnerships with incubators and research institutes.

• Technology-driven innovation: Driving technological breakthroughs in payments, digital banking, and data analytics for portfolio companies.