Egypt’s growing small and medium enterprises (SMEs) sector just received a significant boost. Kashier, a leading digital payment platform, has partnered with Flend, a licensed non-banking financial institution, to provide up to EGP 8 million in flexible, data-driven financing for Egyptian SMEs.
This collaboration marks a step forward in simplifying SME access to fast, fair, and reliable capital through a seamless digital process.
Driving Growth Through Digital Synergy
The partnership combines two strengths:
- Kashier’s secure payment infrastructure, which provides transaction data and digital integration.
- Flend’s advanced financing technology, powered by intelligent credit scoring and analytics.
Together, these capabilities aim to create a financing model that’s transparent, fast, and built around real business data rather than traditional credit barriers.
Ahmed Zaki, Co-Founder and CEO at Flend, explained, “Our collaboration with Kashier redefines SME financing in Egypt. By delivering a digital-first, easy, and flexible experience, we’re enabling merchants to access capital confidently whenever they need it.”
Smarter, Faster, and Fairer Access to Capital
Flend’s credit scoring model relies on transaction and sales data directly sourced from Kashier’s platform. This approach makes financing decisions more accurate and inclusive for businesses often overlooked by traditional banking systems.
Key benefits for SMEs include:
- Faster approval times through digital credit assessments.
- Flexible loan amounts up to EGP 8 million.
- Data-driven insights that tailor financing to actual business performance.
- 24/7 digital accessibility, reducing the need for paperwork or branch visits.
This model aims to help SMEs manage working capital, fund expansion, and address daily business needs without delay.
Empowering the Future of Egyptian SMEs
The partnership reflects a shared vision between Kashier and Flend, to fuel business growth through financial inclusion and innovation.
Mohamed Hossam, Co-Founder and CTO at Kashier, said, “By integrating Flend’s financing solutions, we’re not just enabling payments but giving our merchants access to tools that help them grow and thrive.”
With Egypt’s SME sector forming the backbone of its economy, such partnerships are crucial for building a resilient, tech-enabled financial ecosystem. Kashier and Flend’s collaboration demonstrates how data and technology can reshape access to finance, helping small businesses reach their full potential.