back Back

Yalla Super App launches Yalla Invest service for investing in gold

By Leandra Monteiro

February 20, 2023

  • Dahab Masr
  • Digital Payments
  • Electronic Payment
Share

YallaPaySky, a digital payment solutions provider and the technology operator of Yalla Super App, announced a partnership between the electronic investment platform for gold investment in Egypt and the Middle East, ‘Dahab Masr’, as one of the services offered by Yalla Super App called ‘Yalla Invest.’

This will be the first service to enable users to invest their funds in gold with easy and fast procedures, allowing them to buy and invest in gold starting from just 0.25 grams, and providing digital payment solutions for all users quickly and securely.

Yalla Invest service comes as part of Yalla Super App’s expansion strategy, which aims to provide a wide range of financial and non-financial services to financial institutions, merchants, companies, and individuals as a contribution to achieving economic prosperity for society and achieving welfare for users.

Dr. Walid Sadik, Founder and CEO of PaySky and Yalla Super App, said, “We are pleased to complete this partnership with Dahab Masr with the aim of improving and expanding the scope of financial services for customers beyond traditional solutions, to provide financial services and alleviate the pressure on savings in the face of inflation, to help achieve financial security and promote electronic payment and investment culture for the future.”

Fadi Kamel, CEO of the investment group in Dahab Masr, said, “We have strong confidence in signing this partnership for the quality and excellence of the technological features and services provided by Yalla Super App, which are in line with our strategy to stimulate investment in gold throughout Egypt and the Middle East by making digital financial transactions smooth and secure, and easily accessible.”

Previous Article

February 17, 2023

BNP Paribas and Lemonade team to offer online renters insurance

Read More
Next Article

February 20, 2023

MasterCard partners NowNow to improve cybersecurity for Nigerian SMEs

Read More








IBSi Daily News Analysis

March 22, 2024

Dahab Masr

Industry experts stress modernization, sustainability, and AI as cornerstones for future of corporate banking, Finastra study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

5 Major FinTech Acquisitions announced in March 2024

Read More

Today

Tempo France suspends classical remittances, to focus on DeFi

Read More

Today

Qonto unveils its first in-house financing offer, ‘Pay later’

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023