The Central Bank Finally Approves Egypt’s Khazna to launch the Khazna Card

The Central Bank Finally Approves Egypt’s Khazna to launch the Khazna Card

ByTechTrends

Khazna, an Egyptian financial super app that provides underprivileged people and microbusinesses with simple, technology-driven financial services, has announced that it has received final clearance from the Central Bank of Egypt (CBE) to launch its Khazna Card in conjunction with ADIB Egypt. Khazna was launched in 2020 as an earned wage access product, but it…

Egyptian financial super app Khazna completes $38m in Series A round to boost expansion
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Egyptian financial super app Khazna completes $38m in Series A round to boost expansion

ByTechTrends

Khazna, an Egyptian financial super app that provides underprivileged consumers and micro-businesses with easy-to-use, technology-driven financial services, has received a Series A round of US$38 million in stock and debt to accelerate its expansion efforts. Khazna was launched in 2020 as an earned income access product, but it has since evolved into a multi-product that…