Irada Finance and Axis Pay Partner to Deliver Loans Digitally via E-Wallets

Irada Finance, a company specializing in financing small, medium, and micro-enterprises, has announced a new strategic partnership with Axis Pay, a platform focused on digital payment solutions. The goal is to make it easier for customers to receive their financing by connecting Irada Finance's services with a comprehensive network of e-wallets available across the Egyptian market. This partnership is a key part of Irada Finance's strategy to strengthen its digital infrastructure and adopt the latest financial technology solutions. It aims to expand access to financial services, improve customer experience through faster and more efficient solutions, and support efforts for financial inclusion by reaching more people with digital financial services. Once the company receives approval from the Financial Regulatory Authority (FRA), this agreement will allow Irada Finance to disburse financing through a wide range of e-wallets. This means a much easier and more flexible experience for customers, reaching broader segments of beneficiaries, including those who don't typically deal with banks. It will also speed up disbursement procedures and boost the efficiency of service delivery. The partnership also supports Irada Finance's plans to grow and reach more customers throughout Egypt, especially in areas that are less served by traditional banking. This will make it much simpler and more effective for business owners to get the financing they need. This move truly shows Irada Finance's commitment to investing in financial technology and developing innovative solutions that make non-banking financial services more efficient. It's perfectly aligned with the rapid developments happening in Egypt's financial sector. In this exciting context, Amr Aboul Azm, CEO and Co-founder of Irada Finance, shared his enthusiasm for the partnership. He said, "This partnership is a significant step in developing our digital ecosystem and expanding our financing disbursement channels. It will allow customers to access our services faster and more flexibly. We are continuously working to adopt innovative solutions that support business owners and contribute to enhancing financial inclusion, empowering more beneficiaries to access financing." He added, "We are keen to collaborate with specialized FinTech partners to offer solutions that meet customer needs and support operational efficiency, ultimately strengthening our ability to provide a more advanced and sustainable experience." From Axis Pay's side, Jack Marco, CEO of Axis Pay for Electronic Payments, commented, "We are proud of our partnership with Irada Finance in this important step towards boosting financial inclusion and accelerating digital transformation in the non-banking finance sector. Axis Pay's platform for payment and bulk disbursement solutions provides a unified infrastructure that enables financial institutions to carry out disbursement operations efficiently, quickly, and securely through a single point of contact." He concluded, "We believe this partnership will help expand access to financial services, increase the efficiency of disbursement operations, and deliver a smoother digital experience for thousands of customers across the Republic."