The “Click Cash” app, which specializes in offering deals and cash back on purchases, has achieved a notable milestone by reaching 150,000 users in Egypt within a short period since its official launch. The app offers, for the first time in Egypt, the highest cash back rate on food and consumer goods at over 500 supermarkets, reaching up to 20%. Additionally, users can receive cash back of up to 50% on more than 120 major brands across 20 diverse sectors. These include medical services and pharmacies, restaurants and cafes, electronics and furniture stores, home goods, travel, entertainment, and insurance. Users can submit their purchase receipts to the app within 7 days from the date of purchase and withdraw cash back funds after 30 days via Egyptian Post outlets or any electronic wallet.
Regarding expansion, Mohamed A. Said, Co-Founder and CEO of Click Cash, stated that the app plans a significant expansion in the Middle East, targeting the UAE at the beginning of 2025, followed by Saudi Arabia, and then expanding into other global markets such as Japan and some African countries. This new expansion is expected to include adding new services to the app, such as bill payments and other services.
Said also revealed that the app’s successes have encouraged the founders to open the door for funding rounds, with negotiations currently underway with Egyptian and Emirati investment funds to close funding rounds aimed at developing the platform and offering new services to customers, and expanding it across all governorates in Egypt before the end of the year. This expansion aims to increase the app’s self-investments, which have exceeded 10 million EGP since its launch in 2022.
Said added that the company is always striving to keep pace with and support traders and users, who are considered the main drivers of the smart economy in the current era. The app focuses on providing payment solutions that enhance the user experience, whether through deferred payments or daily savings via cash back, to assist customers amid global economic changes, rising prices, and resource shortages.
