During his professional career in various financial institutions, he identified a number of weaknesses in funding requests. To remedy those weaknesses, he combined his expertise with the tech skills of his partners to build Xpovi. 

In March 2022, the Egyptian tech ecosystem became aware of the existence of Mohamed Marei (photo, center) with the US$300,000 seed funding he raised from angel investors. The fundraising operation was concluded just 10 months after the techpreneur launched Xpovi for Digital Solution LLC (Xpovi), the startup which developed a web-based Robotic Advisory Software

Co-founded by Mohamed Marei, Mostafa Hisham, and Taher Seif, Xpovi provides autonomous business process management services to early-stage startups by using artificial intelligence and machine learning. It thus helps them develop the effective business plan they need for their development. 

For Mohamed Marei the aim is to help save time and costs for new entrepreneurs who can not afford to hire professionals for the development of their growth strategy. 

“We seek to revolutionize financial and business advisory, to enable planning, monitoring, and decision-making supported by instant-based analysis and data-driven recommendations,” he explains. 

Xpovi is the result of the weaknesses identified by Mr. Marei in most funding requests over his more than eight years of professional experience in investment banking. His professional career began in 2012 when he became an account payable intern for food and drink processing conglomerate Nestlé.  Months later, in July 2013, he assumed the position of financial comptroller at Emirates NBD Bank.  

From 2014 to 2015, he was an equity analyst for Cairo Financial Holding before joining Prime Holdings as an equity research analyst (2015 to 2016) and senior equity research analyst (2017 to 2018).  In 2018, Mohamed Marei became the associate Vice-president of Beltone Financial where he spent just months before returning for a brief stint as deputy head of research at Cairo Financial Holding. Some two years later, he joined Catalyst Partners Egypt as a senior associate but left in 2021 to found Xpovi. 

Melchior Koba