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Egypt gaming marketplace GamesBandy bags $40K investment

GamesBandy has received $40,000 in grant funding from MENA Saudi startup accelerator Taqadam. This is only four months after earlier receiving an undisclosed seed funding from Tamkeen and Flat6Labs.

GamesBandy will channel the grant towards revamping its platform to support more games, expand the user base, and geographical reach. The deal includes 6 months of mentorship, training, and zero-equity funding from Taqadam.

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What You Need To Know About GamesBandy

GamesBandy was founded by Abdulrahman Aboshamah in 2020 and touts its solution to safety when transacting on in-game items. Issues of the safety of the buyers and sellers getting robbed of their in-item trades while running on discord servers or other chat-based platforms that offer no protection to their buyers and sellers are solved. Platform users can safely transact safely with one another where GamesBandy takes a commission.

Read also: Solar distributor MyJouleBox raises US$3.54mn in a Series A round

Abdulrahman Aboshamah, the founder of GamesBandy expressed excitement over the support from Taqadam, pointing out how it shall “have a great impact on the gaming community.”

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