Egyptian fintech company Klivvr has announced the launch of K.ai, the first interactive AI-powered financial assistant integrated within a fintech application in Egypt. The new feature aims to change how users manage their personal finances by shifting from static data displays to a conversational, personalized experience.
Quick Facts
- Product: Egypt’s first interactive AI financial assistant.
- Investment: Over $10 million invested in technology.
- User Base: Surpassed 700,000 users.
From Dashboards to Dialogue
K.ai is designed to provide users with a more intuitive way to control their financial information. Instead of analyzing charts and numbers, Klivvr users can now interact with the AI assistant in a conversational style directly within the app.
The tool helps users understand their spending patterns, track recent transactions, and search for product offers. It can also instantly calculate expected installment values for purchases, aiming to make financial decision-making simpler and more direct. The launch is part of the company’s broader strategy to build a smarter digital financial experience in the Egyptian market.
A New Era for Egyptian Fintech
The company’s leadership views the introduction of K.ai as a significant step for the local fintech sector. Klivvr has invested more than $10 million in its technology development since launching to build out its platform.
Onsi Sawiris, Co-Founder of Klivvr, stated: “Today, we are opening a new chapter in the history of fintech in Egypt. With K.ai, we are giving Egyptians the first interactive AI financial assistant ever built into a fintech app in the country — one that speaks the user’s language, understands their daily life, and transforms their relationship with money into a simple conversation.”
Nils Bachtler, Co-Founder & CEO of Klivvr, added, “True innovation in fintech is not just about launching new features, but about building products whose use blends naturally into people’s daily lives. With K.ai, we are focusing on developing an experience that makes access to financial information and decision-making related to spending and purchasing easier and faster.”
Omar Sherif, Co-Founder & CTO of Klivvr, highlighted the company’s data-centric approach. “We built Klivvr from the ground up as a data-driven company because we always believed AI could play a real role in improving how people manage their money. With K.ai, customers can ask questions, understand their finances more clearly, and get instant visibility into their Klivvr account whenever they need it.”
About Klivvr
Founded in 2021, Klivvr is a fintech company offering digital financial solutions across payments and lending in Egypt. The company received its approval from the Central Bank of Egypt (CBE) in 2023. Over the years, Klivvr has expanded its services to include Klivvr Family, a family banking product; a Buy Now, Pay Later (BNPL) offering with financing up to EGP 500,000; and an in-app marketplace called K.Shop. The company has grown to serve over 700,000 users.
Source: Zawya
