.Egypt's Fintech SETTLE Binds USD 2 M in Pre-Seed Backing.CLEAR UP, an Egypt-based fintech, has increased USD 2 M in a pre-seed funding around led through Shorooq Partners. El Sewedy Resources Holding, Acasia Ventures, as well as Plus VC got involved. Established in 2023 by Kamil Sayour as well as Mostafa Mobarak, resolve promotions a web-based B2B settlement system aimed at renewing businesses' financial operations.The business intends to use the funds to extend into international markets as well as further establish its platform. Presently in its pre-launch phase, resolve insurance claims to have processed over USD 1 M in purchases during its screening phase, operating throughout building and construction, energy, and also having industries. The system aims to streamline payment procedures while providing companies real-time cash flow knowledge.