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nourserghini

Former Swvl co-founder Mahmoud Nouh launches fintech startup, Capiter | Enterprise - 0 views

  • Capiter reads like a tech-enabled provider of factoring services, writing that the company “pays suppliers immediately” when they sell to a client and then “collects the payments from [the clients] on flexible payment plans.” Capiter is currently in conversation with different investors in the region, Menabytes claims, to raise money to support its growth.
    • nourserghini
       
      Besides stating that Capiter is a provider of factoring services through its tech-enabled model, it also states that Capitor is talking to new investors to expand in the region, maybe to serve other African countries and not only Egypt.
nourserghini

Egyptian Fintech Landscape in 2020: A quick guide [Map] | The Fintech Times - 0 views

  • 2) The rise of lending in different modes. We’re seeing consumer finance products like ValU and Qasatly, credit scoring tools like Raseedi, and credit solutions for businesses like Capiter. ROSCAs (Rotating Savings And Credit Association) based models like MoneyFellows and Elgam3eya are also becoming popular.
    • nourserghini
       
      This article suggests the similar companies that exist in Egypt for lending that we can consider as competitors which areVaIU, Qasatly, Raseedi, Moneyfellows and Elgam3eya.
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