.Egypt's Fintech SETTLE Secures USD 2 M in Pre-Seed Backing.CLEAR UP, an Egypt-based fintech, has elevated USD 2 M in a pre-seed funding around led through Shorooq Allies. El Sewedy Capital Holding, Acasia Ventures, and Plus VC got involved. Established in 2023 through Kamil Sayour as well as Mostafa Mobarak, SETTLE offers a web-based B2B repayment system aimed at renewing companies' economic functions.The provider considers to make use of the funds to broaden in to worldwide markets as well as further develop its own system. Currently in its pre-launch period, SETTLE insurance claims to have refined over USD 1 M in transactions during its testing phase, working all over construction, energy, and also recruiting sectors. The system targets to streamline settlement processes while supplying companies real-time cash flow insights.