Egypt-based fintech startup Card-Y has announced the launch of a $300,000 angel investment round. This bridge funding is designed to bolster the company’s operational readiness and regulatory framework ahead of its primary investment round scheduled for mid-2026. The move comes as the platform experiences a surge in demand from the regional gig economy and remote workforce.
Building Financial Stability For The Remote Workforce
Founded as more than just a payment solution, Card-Y focuses on building a comprehensive financial and organizational infrastructure tailored for freelancers and remote workers. According to Abdulrahman Moussa, Founder and CEO of Card-Y, the platform aims to provide independent professionals with a secure career path by offering benefits typically reserved for corporate employees. This “all-in-one” ecosystem allows users to manage their income and professional standing with greater stability.
Strong Performance Indicators During Beta Phase
The startup has already demonstrated significant market fit during its experimental phase. Card-Y reported annual revenues of $144,000 while serving over 40,000 registered users. Currently, more than 4,000 active users rely on the platform to manage their financial transactions. The successful early rollout of subscription models ahead of the official full-scale launch in Q2 2026 has provided investors with clear signals of user willingness to pay for the platform’s specialized value proposition.
Addressing The Massive Shift In Egypt’s Labor Market
The platform’s growth is aligned with a structural transformation in Egypt’s labor market. Data reveals that the number of Egyptian accounts on global freelance platforms skyrocketed from approximately 50,000 in 2020 to nearly 850,000 by the end of 2025—a growth rate exceeding 1,600%. Card-Y is positioning itself to capture this expanding demographic of youth who are increasingly dependent on global income streams and remote work.
Strategic Roadmap And Regional Expansion Plans
With the current bridge round nearly closed, Card-Y is setting ambitious targets for the coming years. The company aims to reach 10,000 active users within 12 to 18 months following its full commercial launch in mid-2026. Furthermore, following a planned expansion into three additional countries, the startup projects that monthly transaction volumes could reach $100 million by mid-2027. Recent integrations with PayLi have also enhanced the ecosystem, adding regulatory services and professional perks that aid freelancers in maintaining financial health.
About Card-Y
Card-Y is an Egyptian fintech startup dedicated to providing financial and regulatory infrastructure for freelancers and remote workers. By integrating payment processing with professional stability tools, the platform enables independent workers in emerging markets to treat their freelance activities as sustainable, long-term careers.
Source: Fintech Gate
