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Egyptian cybersecurity startup Raspire, founded by Hassan Mostafa and Karim Selim, has joined the globally renowned Y Combinator accelerator—marking a significant milestone for Egypt’s growing footprint in deep tech and fintech infrastructure.

The move positions Raspire among a new wave of startups addressing increasingly complex application security challenges, particularly as software development cycles continue to accelerate.

From Fintech Infrastructure to Startup Opportunity

Raspire was born out of the founders’ hands-on experience working with banks and fintech companies, where they spent years building and securing applications.

They identified a critical gap:
traditional security solutions focus heavily on backend infrastructure, while post-deployment application security remains largely under-addressed.

This challenge has been amplified by the rise of “vibe coding,” enabling faster app launches but introducing new runtime vulnerabilities.

A No-Code Approach to Application Security

Raspire is building a no-code runtime protection platform designed to:

Secure applications without slowing development cycles
Maintain seamless user experience
Eliminate the need for complex integrations or specialized security teams

Today, applications protected by Raspire serve more than 20 million end users globally, signaling strong early traction.

Targeting High-Risk, Regulated Industries

The company focuses on sectors handling sensitive data and high-risk transactions, including:

Banking
Insurance
Fintech
Government services

Raspire delivers a flexible, lightweight security solution aligned with compliance, reliability, and trust requirements.
Its core proposition—“security without complexity”—reflects a broader shift in cybersecurity.

Y Combinator as a Launchpad for Global Expansion

Joining Y Combinator offers Raspire a strategic platform to:

Accelerate international growth
Access global investors
Gain top-tier mentorship

The founders acknowledged the support of YC partners, including Andrew Miklas and Nemil Dalal, in facilitating their entry into the program.

A Signal of Egypt’s Growing Deep Tech Talent

Raspire’s acceptance highlights a broader trend:
Egyptian founders are increasingly building globally relevant technologies.

As more startups expand beyond local markets into global accelerators and investor networks, Egypt continues to strengthen its position in the global tech ecosystem.