.Egypt's Fintech SETTLE Secures USD 2 M in Pre-Seed Financing.CLEAR UP, an Egypt-based fintech, has raised USD 2 M in a pre-seed backing round led by Shorooq Allies. El Sewedy Funding Holding, Acasia Ventures, and also Plus VC engaged. Founded in 2023 through Kamil Sayour and Mostafa Mobarak, SETTLE provides an online B2B remittance system targeted at renewing organizations' monetary operations.The business intends to make use of the funds to extend in to international markets and also further develop its own platform. Presently in its own pre-launch period, work out insurance claims to have refined over USD 1 M in transactions in the course of its testing phase, functioning throughout building and construction, energy, and getting business. The platform strives to improve settlement processes while giving business real-time cash flow insights.