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672. News: Will Goldman Sachs call time on Marcus?

Fintech Insider Podcast by 11:FS

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Egypt's Algebra Ventures Completes First Close of $100 Million

Egypt's leading venture capital firm has finalized a $100 million close of its second Egypt dedicated fund. Algebra plans to invest $15 million in startups by the end of 2022 this year, and is expecting to make the final close by the first quarter of 2023. It has already invested in four startups as part of its second fund, including online used car retailer, Cylinder.

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