Egyptian Community Management Startup Milango Acquires Circle

Milango, a Cairo-based community management software provider, has acquired local counterpart Circle for an undisclosed amount. By bringing Circle and its high-profile clients into its fold, Milango will be able to increase its market share and secure its standing as the premium community management platform in the MENA region.

"We have managed to exceed our initial usage expectations and established an engaged user base that are nearing EGP 100 Million in financial transactions with strong projected growth on that front for 2022," Amr Mostafa, CEO of Milango, says. "We are confident that with the acquisition of Circle and the addition of their premium clients to our portfolio, we are on the right track to bring #ASmarterLife to all communities.”

Milango enables closed communities like residences and clubs to digitize their services and communicate effortlessly with their clients, with an integrated network of suppliers and a custom UI/UX design to fit the community's brand. Circle, meanwhile, is a rival real estate and property management platform that was backed by 500 Startups Mena in May 2020, and was named 'The Best Disruptive Startup' at the 4th Annual AfricArena Summit in March 2021.