Cairo – Mubasher: Egypt-based investment platform EXITS MENA increased its total capital to $1.25 million after Silicon Valley-based venture firm Practical VC participated in its latest funding round, according to a press release.

EXITS MENA is a merger and acquisition (M&A) advisory firm that combines its online platform EXITS.me with offline M&A advisory services. The fintech aims to provide startups and small and midsize enterprises (SMEs) with a blend of investment-banking-related services.

The platform will allow business owners anonymously market their ventures to registered investors and buyers. This is besides securing access to a wide range of investment-readiness building services and educational materials to boost their chances of achieving a successful investment.

EXITS MENA has closed six deals at a combined value exceeding $10 million across 15 verticals in the region since the platform's beta launch.

It is worth highlighting that EXITS MENA recently obtained its securities promotion and underwriting licence from the Egyptian Financial Regulatory Authority (FRA) to further expand its scope and enhance services.