نورهان فؤاد
- Bahrain-based Beban plans to launch in Egypt pending approval from the Financial Regulatory Authority (FRA).
- The platform operates on an equity crowdfunding model with a minimum investment starting at $100, backed by increased investment from Forsa AI Fund.
- Egypt represents a major growth opportunity compared to Bahrain, while the Kingdom remains Beban’s regional hub.
Bahrain-based equity crowdfunding platform Beban is preparing to launch its operations in Egypt, marking a strategic expansion into one of the region’s largest and most promising markets. Karim Saleh, CEO of the company, stated that Egypt represents a major growth opportunity within Beban’s regional expansion strategy.
The move comes after Forsa AI Fund — founded by Mohamed Abou El Naga, CEO of Exits MENA — increased its stake in the company to support the establishment of the new entity, Beban Egypt.
An Equity-Based Model, Not Debt Crowdfunding
Saleh explained that Beban operates under an equity crowdfunding model rather than debt-based financing. The platform connects investors with startups and SMEs seeking capital in exchange for equity stakes, offering direct ownership opportunities. The minimum investment starts at $100, according to Enterprise.
One of Beban’s distinctive features is its television program that showcases investment opportunities, similar to global entrepreneurship shows. This approach helps raise investment awareness and attract a broader base of retail investors.
Egypt as a Strategic Growth Market
Saleh noted that Bahrain’s relatively small population of approximately 1.7 million people prompted the company to pursue expansion into larger markets, while maintaining Bahrain as its regional headquarters. Egypt, with a population nearly 69 times larger, presents significantly greater growth potential.
The platform is currently awaiting approval from Egypt’s Financial Regulatory Authority (FRA) to officially begin operations in the local market.
