فريق إنت عربي
- The decision supports the growth of Egypt’s fintech sector and expands access to financial services.
- Egypt’s Financial Regulatory Authority (FRA) has granted Telda, a fintech startup specializing in digital payments, a license to operate in the consumer finance sector.
The approval follows the recommendation of the FRA’s committee responsible for reviewing applications related to the use of financial technology in non-banking financial activities.
The license is expected to accelerate digital transformation in non-banking financial services and support fintech-driven business models.
The move will also help broaden access to financing services and enhance financial inclusion across the Egyptian market.
About Telda
Telda is a fintech startup offering a digital financial app that enables users to manage payments, transfers, and prepaid cards.
With the new consumer finance license, the company is set to expand its services to include installment plans and digital financing solutions within Egypt.Egypt’s Financial Regulatory Authority grants Telda a consumer finance license
