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Sympl (سمبل)

Season 2 · Episode 1 · pitch 3 of 3

Sympl is a buy-now-pay-later (BNPL) fintech platform in Egypt that enables bank cardholders to split purchases of consumer goods and services into 2 to 5 interest-free installments paid weekly,…

  1. Ask · EGP
    15Mfor 2%
  2. Best offer · EGP
    50Mvaluation
  3. Outcome
    No deal1 of 4 went out

2 offers · 1 joint

The ask implies a valuation of EGP 750M. There were 2 offers, and the best valued the company at EGP 50M; the founder turned them down.

The pitch, minute by minute

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26:35 · 4 investors · tap a marker to see the quote

Key takeaways

  • No deal: 1 of 4 investors went out; the founder refused 2 offers.

  • 3 investors made 2 offers (1 joint) and 0 revisions. The highest valuation offered was 50M.

  • The founder countered 1 time.

  • The ask came 0:13 into the pitch, in the opening.

  • The opening covered, in order: ask, problem, product solution, market size, business model; no sales or customer numbers in the opening.

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    No deal

    4 of 5 went out

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51 investor events, all 51 matched to what was said · 26 answers graded · 27 figures

Aired in season 2 (2023), episode 1 · We don’t host video; timestamps onlyHow the data is built

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