Ahly Momken Boosts Digital Cash Collection Through New Partnerships with Hala and Talabeya

In a move that shows the growing connection between digital payment and e-commerce solutions, Ahly Momken, a company specializing in electronic collection services and part of the National Bank of Egypt, has announced strategic partnerships with both Hala and Talabeya. The goal is to improve cash collection systems and make financial services for businesses much more efficient.

Thanks to these partnerships, representatives from Hala and Talabeya can now deposit cash collections through Ahly Momken's extensive network, which includes many branches and electronic point-of-sale (POS) terminals spread across Egypt. This will help speed up the collection cycle, reduce reliance on old-fashioned methods, and make cash transactions much safer.

This step is part of Ahly Momken's plan to expand its services by offering more flexible and innovative financial solutions. These solutions aim to help businesses manage their cash flow more efficiently and improve their operations, keeping pace with the fast changes in the market.

The new partnerships also show a commitment to creating a complete system that links the fintech and e-commerce sectors. They will help money move more easily within supply chains and empower businesses to use more efficient digital tools for their daily operations.

Through this expansion, Ahly Momken aims to strengthen its role as a key player in supporting the digital transformation of payments in Egypt. It will do this by using its wide infrastructure and expertise in electronic collection, which supports the country's efforts to reduce reliance on cash and expand financial inclusion.

Ahly Momken: A Collection Infrastructure Supporting Digital Transformation

Ahly Momken is one of the leading electronic payment and collection companies in the Egyptian market, and it's part of the National Bank of Egypt. The company offers a full range of services, including collection, cash deposits, digital payments, and point-of-sale (POS) solutions. It uses a wide network that covers various governorates. Its goal is to make financial transactions easier and boost the shift towards a digital economy for both individuals and businesses.

MNT Hala: A “Super App” Model to Boost Financial Inclusion

Hala is a major player in the fintech sector, offering a "Super App" model that brings together many services on one platform. These services include microfinance, digital payments, transportation, and e-commerce. The company focuses on empowering financially underserved groups with innovative solutions that help expand the user base within the formal financial system.

Talabeya: Connecting Merchants with Suppliers Through Smart Digital Solutions

Talabeya operates as a B2B (business-to-business) e-commerce platform that aims to reorganize traditional trade by directly connecting retailers with suppliers. The platform provides advanced digital tools that help simplify wholesale purchasing, improve the efficiency of supply chains, and assist merchants with inventory management and easy product ordering. This all supports the growth of the commercial sector through technology.