Egyptian digital payment solutions provider Kashier has announced a strategic partnership with Flend, a licensed digital financial institution, to provide flexible financing for small and medium-sized enterprises (SMEs). The collaboration aims to offer Kashier’s merchant base access to fast and fair digital financing solutions of up to EGP 8 million, addressing a critical need for accessible capital in the market.
A Strategic Fintech Collaboration
The partnership merges Kashier’s secure and seamless payment infrastructure with Flend’s advanced financing technology. This integration is designed to create a streamlined ecosystem where SMEs can not only manage their payments but also access the capital necessary for growth and long-term sustainability. By leveraging their combined strengths, the two fintechs are set to enhance the financial capabilities of thousands of businesses across Egypt.
“Through this partnership with Kashier, we are redefining the financing experience for SMEs in Egypt,” said Ahmed Zaki, Co-Founder and CEO at Flend. “We offer Kashier’s merchants a superior financing journey — fully digital, easy, fast, and flexible — giving them direct and seamless access to capital whenever they need it. Our goal is to empower businesses to grow with confidence, free from traditional financing barriers.”
Data-Driven Financing for SMEs
A key innovation of this partnership is the use of a data-driven credit scoring model. Flend will leverage the transaction and sales data generated by merchants on Kashier’s platform to assess creditworthiness. This approach allows for a faster and more equitable evaluation process compared to traditional lending methods, enabling SMEs to secure financing based on their actual business performance. This will empower businesses to manage their working capital more efficiently, expand their operations, and meet their day-to-day needs with greater ease.
“By integrating Flend’s innovative financing solutions into Kashier, we’re taking a meaningful step toward empowering our merchants,” commented Mohamed Hossam, Co-Founder and CTO at Kashier. “Together, we’re not just facilitating payments, we’re enabling businesses to access the financial tools they need to grow, thrive, and reach their full potential.”
About Kashier
Kashier is a digital payment solutions provider based in Egypt. The company offers a comprehensive suite of payment infrastructure and services designed to help businesses of all sizes accept and manage online and offline payments securely and efficiently.
About Flend
Flend is an Egyptian-licensed digital on-banking financial institution dedicated to serving SMEs. The company provides advanced financing technology to offer fast, fair, and flexible digital lending solutions, helping businesses overcome traditional barriers to accessing capital.
Source: Waya
