Qardy is no longer content with just being a digital intermediary that connects micro, small, and medium-sized enterprises (MSMEs) with financial institutions. The company is actively expanding its business model to allow it to directly participate in funding deals alongside financial entities. This exciting development leverages a wide customer base, a robust network of 14 financial institutions, and a platform-linked financing portfolio that now exceeds EGP 1.5 billion, according to Abdulaziz Abdelnaby, the company's founder and CEO. This transformation reflects Qardy's shift from simply facilitating access to finance to a broader model that combines financial technology (fintech) with direct financing. This comes at a crucial time when MSMEs still face a significant gap in accessing credit, and the platform aims to shorten the often lengthy funding journey—which can stretch for months—into a faster, more organized digital process.
From Digital Intermediary to Funding Partner
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