The extra large amount of the Egyptian population lacks most of the people to relocate money to the traditional banking industry and to rely on informal loans. MahFINTECH STARTUP, founded in 2019, is handling this issue by offering a bank service service for low-income workers with low-income workers. The company has made a number of increases in salary increases on the bank financial services that employees and contractors need to be used.
Khazna has recently earned $ 16 million in the Pre-Series B Fund and has brought a total of $ 63 million. Investment will support its expansion plans because the investment is prepared to apply for a digital banking license in Egypt and extend to Saudi Arabia.
When we cover the Fintech at 2022 Had just been raised just $ 38 million Pre-series Pre-Series across the products of over 150,000 customers. Today, Khazna has grown to the user base to over 500,000 people. The number was targeted twice in the same half of the target at the time of the end of 2022.
The company provides three-dimensional employees with a bank financial equipment with the income of three-dimensional employment. About 100,000 users allowed their wages to combine bank services, such as Khaznh through Khaznh directly to their wage accounts.
The Khazna has made it a violation of access to access to loans and pensioners for the rest of the remaining 400,000 users.
“During the past two and a half years ago, the unsecured loans for loan loans for payments and pension were” co-founder and CEO Saleh “co-founder and CEO Saleh said. “This is a profit and main product on our journey. It is very important. It helped to gain profit.
On the path to become digital bank
Khazna is a strategic way to become a digital bank for Egypt's inadequate communities in Egypt's insufficient communities, strategic to the insufficient community of Egypt.
However, the one who is missing is unlike traditional banks, Khazna is unlikely to reach customers' deposits in Egypt. So far, Khazna depends on the US $ (EGP) and EGP (egp) and EGP (egp) and EGP (egp) and EGP (egp) and EGP (egp) and EGP (egp) and EGP (egp) and EGP (egp) and EGP (egp) and EGP (eg.
Khazna is trying to obtain a deposit license in Egypt to reduce the cost of the loan costs and to provide cheaper loans. This license will allow the company's deposits to accept customer deposits.
“The biggest game changer here is a great opportunity to attract our costs today, and there is a great opportunity to attract our costs today and to attract our costs today.
Khazna is in 2024. At July 2024, the Egyptian central bank targets 2026 to launch a banking license by the Egyptian banking framework for digital banks.
However, the six-year-old Finter begins with the process of simultaneous Saudi Arabia, which is increasingly increasing demand for the Consumer Bank Financial Answers. Unlike BNLP players Tabby versus ThingThe Total Bnpl Credit is expected to oppose with the medium credit products, such as the wage earnings (EWA), pay-based loans, salaried loans.
Extension plans, including an unlawful iPo
Seziba is prioritizing Saudi Saudi. Saudi Arabia is one of the world's largest in Saudi Arabia in Saudi Arabia.
The market size of the market size and the product of the Saudi Arabia is also driven by the Khazna's decision. Tadawul is one of the stocks used on the region's juices and retail sales stocks, which began many iPs over the past few years.
For this reason, Saudi Arabia plans to make sure that Saudi 4-50% of the business in Saudi Arabia has been planned to make a public list in Tadawul. For investors who backed the company for four to five years, Saleh describes the clear route to a high value exit.
Sure, Khaznaa will support the extension of the capital recently grew up and funded. However, in Egypt Egypt in Egypt for the past two years, Egyptian challenges are to build this pre-series b.
Egypt between 2022 to 2023 has faced money and economic instability. Investors reflect the slow slow slow slowness for the consent flow, since the investors are aware of the startups of Egypt. However, the main change in 2024 is a major direct investment in Egypt, according to economic dollar and economic reforms. As a result, the investor returned and brought new interests from global and regional investors.
So Khazna, a local bank funding funds, including the Fund of Fund of Banks and regional Bank Funds, funded by the Fund of Fund of the Fund of the Fund of the Fund of the Fund of the Fund of the Fund of the Fund of the Fund of the Fund of the Fund of the Fund. A (“Turkey's i̇şbank's capital); Khwarizmi's Capital Coordinator; NCLUDE (FinTech FUND) and the FinTech Facion Funds founded by the FinTech Facces, Estonian, and ICU.