.Egypt's Fintech SETTLE Secures USD 2 M in Pre-Seed Backing.CLEAR UP, an Egypt-based fintech, has increased USD 2 M in a pre-seed financing round led through Shorooq Partners. El Sewedy Capital Holding, Acasia Ventures, as well as Additionally VC participated. Established in 2023 by Kamil Sayour and Mostafa Mobarak, SETTLE offers an online B2B remittance system focused on renewing businesses' financial functions.The company intends to utilize the funds to grow into international markets as well as further cultivate its platform. Presently in its own pre-launch phase, SETTLE claims to have refined over USD 1 M in transactions during the course of its own testing stage, operating around development, power, and having industries. The system intends to streamline repayment methods while supplying business real-time cash flow knowledge.