Fintech
Egyptian fintech ElGameya transforms lives and businesses
The ElGameya platform provides a safe way for users across Egypt and parts of the African region to save and borrow money.
Previously disadvantaged Egyptian citizens, who previously did not have access to finance for personal or business purposes, now have the opportunity to do so, thanks to fintech startup ElGameya.
ElGameya aims to modernize the traditional Rotating, Savings and Credit Association (ROSCA) transaction model through digital innovation.
The ElGameya platform provides a safe way for users across Egypt and parts of the African region to save and borrow money.
At the recent GITEX Africa 2024 summit in Marrakech, Morocco, ElGameya earned a place in the semi-finals of the Supernova Challenge, in the fintech and blockchain category of the Middle East and Africa startup competition.
Ahmed Mahmoud, founder and CEO of ElGameya, says his startup leverages technology to simplify the financial landscape and provide access to those who were previously financially excluded.
He says the company will continue to improve its platform with fintech and blockchain innovations, providing users with a simple, secure and efficient way to save and borrow money.