Khazna: Egyptian FinTech Powers Financial Inclusion, Expands Regionally with New Funding

Khazna was founded between 2019 and 2020 as an Egyptian financial technology (FinTech) company. Its main goal is to provide easy digital financial services to groups of people who don't have full access to traditional banks. The company really focuses on boosting financial inclusion, especially for workers and individuals who get paid in cash or through non-bank channels. Khazna's financial services rely on a mobile app to offer a range of services, including: * Earned Wage Access (getting part of your salary before payday) * Microloans * Electronic payment and bill settlement services * Prepaid cards * Buy Now, Pay Later (BNPL) services A new funding round to boost growth: In 2025, the company successfully raised approximately $16 million in Pre-Series B funding. Investors like SANAD Fund, anb Seed Fund, and Aljazira Capital participated, all to support Khazna's regional expansion plans. Regional expansion and entering the Saudi market: Khazna has started expanding its operations into Saudi Arabia. It's targeting a large market there with many workers, focusing on financial products that serve employees and money transfers. Seeking a digital bank license: The company is working on applying for a digital bank license from the Central Bank of Egypt, aiming to secure it by mid-2026. This license will allow Khazna to accept deposits, lower lending costs, and broaden its banking services. User base growth: Khazna currently serves over 500,000 users in Egypt, with expectations for this number to grow as new services are launched and external expansion continues. Investment support and strategic partnerships: The company has received investments from Nclude fund, as well as an investment from DisrupTech Ventures. It also has investment ties with Commercial International Bank (CIB), which further strengthens its position in the Egyptian FinTech sector.