Who is the developer of Spark Capital Insights Mall New Capital?

The company that owns Spark Capital Insights Mall New Capital is Brouq

Offices 63m for sale in Spark Capital Insights Mall New Capital

Reference: NS 69957

EGP 2,583,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 2,583,000

Offices 63m for sale in Spark Capital Insights Mall New Capital

Reference:

NS 69957

Price:

EGP 2,583,000 Installment

Price / Sqm:

EGP 41,000 Per Sqm

Finishing Status:

Super Lux

Area:

63 sqm

Floor No.:

Delivery In:

2024

Listed:

Tue 23 May 2023

About Spark Capital Insights Mall New Capital

Office for Sale in Spark Capital Insights Mall - New Capital By Brouq - Delivery Year 2024

Spark Capital, one of the leading venture capital firms in the Middle East, has unveiled its latest flagship project in Egypt: the Spark Capital Insights Mall in Brouq New Capital.

Located in the heart of the new administrative capital of Egypt, the Insights Mall is a unique fintech hub that brings together innovative startups, established businesses, and investors under one roof. The mall is designed to be a hub for fintech companies and investors, with state-of-the-art facilities and a collaborative environment that fosters networking, mentorship, and growth.

The mall features a co-working space, meeting rooms, event spaces, and an auditorium, as well as a cafeteria and a rooftop terrace. It also hosts a range of fintech startups and companies that operate in various sectors, such as Payments, Lending, Insurtech, Digital Banking, and Cryptocurrencies.

Additionally, the mall incorporates a venture capital arm, Spark Capital Ventures, which aims to invest in high-potential startups and scale-ups that operate in the fintech industry in Egypt.

The Insights Mall is the latest addition to Spark Capital's portfolio of fintech initiatives in the region. The company has already invested in several fintech startups in Egypt and the rest of the Middle East, including Paymob, a mobile payments platform; Fawry, an e-payments platform; and Sarwa, a robo-advisory platform.

Spark Capital's investment in the Insights Mall reflects the company's strong belief in the potential of the Egyptian fintech market, which is being driven by a combination of a young and tech-savvy population, rising smartphone penetration, and a supportive regulatory environment.

According to a report by the International Finance Corporation (IFC), the Egyptian fintech industry is expected to generate investments of $2 billion by 2022, with the number of fintech startups expected to grow rapidly over the next few years.

The opening of the Spark Capital Insights Mall in Brouq New Capital is a significant step forward for the Egyptian fintech sector, as it provides an innovative and collaborative space that enables local and regional fintech startups and investors to connect, collaborate, and drive growth.

MLS Realty
+201200070979