FinTech

Klivver Payments Announces Regulatory Approval for Consumer Finance Company Establishment

Klivver Payments, a fintech company, has announced obtaining regulatory approval from the Financial Regulatory Authority to establish a consumer finance company. This milestone marks a pivotal step toward expanding the company’s non-banking financial solutions, aligning with its vision to promote financial inclusion and its commitment to empowering customers with innovative and secure financial services.

Advancing Financial Innovation

This approval builds on the success Klivver has achieved by offering a suite of innovative solutions, including:

  • Comprehensive and user-friendly money management through an all-in-one app.
  • Advanced digital payment services ensure swift and secure transactions.
  • Reward points are earned with every payment, adding value for customers.
  • Exclusive discounts and offers are accessible via the app.
  • The ability to create accounts and cards for all family members in one place.

Through its new consumer finance services, Klivver aims to provide flexible and simplified solutions that help customers enhance their financial well-being and manage their daily finances efficiently.

A Step Towards Financial Transformation

Commenting on this development, Klivver CEO Nils Bachtler stated:

“We are proud to have received approval to establish a consumer finance company. This new milestone represents a significant part of our vision to deliver innovative and comprehensive financial solutions in the Egyptian market.”

He added:

“With this step, we aspire to offer flexible consumer finance services that integrate seamlessly with our existing offerings. Our goal is to provide our customers with a smooth financial experience that meets their daily needs and helps them achieve their financial aspirations through modern and simplified approaches.”

With a focus on innovation and enhancing user experience, Klivver promises to deliver outstanding consumer finance solutions, reflecting its commitment to empowering customers and achieving their financial goals. This further strengthens its position as a leader in the fintech sector within the Egyptian market.

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