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“Algerian Travel-Tech Startup Völz Secures $5M, Marks ASF’s First Exit”

Editorial Team
Editorial Team

4 min

Algeria’s travel-tech startup Völz secures $5 million from private Algerian investors.

The Algerian Startup Fund exits with a 3.

35x return, marking its first-ever exit.

Völz facilitates dinar payments and cash-on-delivery, addressing local market challenges.

A partnership with Turkish Airlines enhances its B2B travel services.

This investment signals a positive shift in Algeria’s startup ecosystem towards digital growth.

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