{"id":43756,"date":"2024-08-09T07:08:57","date_gmt":"2024-08-09T07:08:57","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=43756"},"modified":"2024-08-09T07:09:31","modified_gmt":"2024-08-09T07:09:31","slug":"matouk-bassiouny-hennawy-advises-lucky-one-on-its-usd-3-million-funding-round","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/matouk-bassiouny-hennawy-advises-lucky-one-on-its-usd-3-million-funding-round\/","title":{"rendered":"Matouk Bassiouny &amp; Hennawy advises Lucky One on its USD 3 million funding round"},"content":{"rendered":"<p><strong>We are pleased to announce that Matouk Bassiouny &amp; Hennawy (\u201cMBH\u201d) acted as the lead transactional legal counsel to Lucky One,<\/strong><!--more--><span style=\"font-size: 1rem\">a Cairo-based fintech company, in connection with securing USD 3 million from its funding round in the form of a convertible note, handling all matters concerning its legal efficacy, negotiation, and closing. The funding round included Lorax Capital Partners, KEM, and DisruptTech Ventures.<\/span><\/p>\n<p>The newly obtained capital injection will bolster Lucky One\u2019s efforts to become profitable and help align with Egypt\u2019s national financial inclusion agenda.<\/p>\n<p>The MBH team advising on the matter was led by Mohamed Essam (Partner and Head of Fintech &amp; Emerging Companies and Venture Capital), Moustafa Rizk (Associate), and Dina Kamel (Associate).<\/p>\n<p>For more information about Matouk Bassiouny, please visit <a href=\"http:\/\/www.matoukbassiouny.com\">www.matoukbassiouny.com<\/a><\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-43756","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/43756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=43756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}