Egyptian gaming startup Gamesbandy closes Seed round
Egypt-based gaming startup Gamesbandy has raised an undisclosed Seed round, led by Flat6labs Bahrain and Tamkeen.
Founded by Abdulrahman Aboshamah, Gamesbandy is a gamer marketplace for the Middle East and North Africa (Mena) region, providing users with the ability to trade accounts, buy in-game items and sell their old high-level accounts. Gamesbandy takes a commission of sales
The fund will be used to improve Gamesbandy’s platform to support more games, invest in marketing and expand geographically to become the one-stop-shop for games trading in Mena.
Gamesbandy, an Egyptian Gaming startup, has secured an undisclosed Seed fundraise from Flat6labs Bahrain and Tamkeen.
Gamesbandy is a gamer marketplace within the MENA region, allowing users to transact safely, offering trust and validity to purchases and sales. Gamesbandy then earns profits on commissions of sales, and users enjoy having a trusted safe platform to trade their game accounts and items.
The startup is growing fast within the gaming marketplace, allowing gamers to trade accounts, in-game items, or virtual currency for in-game purchases. Gamers can sell their old high-level accounts to those who prefer to pay rather than start at the beginning.
Abdulrahman Aboshamah, Gamesbandy Founder stated "Gaming is no longer a pastime. Due to the tremendous popularity of gaming throughout the world, many gamers have turned their passion into a lucrative business, and we're aiming to facilitate that for the gaming community."
Gamesbandy will utilise the funds to improve its platform, as well as expand to support more games, and invest in marketing to grow the user base faster. The startup also plans to expand geographically in the future and aims to become the one-stop-shop for games trading in the Mena region.