Previously disadvantaged Egyptian citizens, who in the past had no access to finance for personal or business purposes, now have the opportunity to do so - thanks to ElGameya fintech startup.
ElGameya aims to modernise the traditional Rotating, Savings, and Credit Association (ROSCA) model of transacting through digital innovation.
The ElGameya platform provides a secure method 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 spot in the semifinals of the Supernova Challenge, in the fintech and blockchain category of the competition for Middle East and Africa startups.
Ahmed Mahmoud, ElGameya founder and CEO, says his startup leverages technology to simplify the financial landscape and ensure access for those that were financially excluded before.
He says the company will continue to improve its platform with fintech and blockchain innovations, providing users with a seamless, secure, and efficient way to save and borrow money.
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