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Khazna

khazna.app

Founded Year

2019

Stage

Series A | Alive

Total Raised

$38M

About Khazna

Khazna is a mobile financial services platform aiming to bring financial inclusion to unbanked and underbanked people. The company empowers users to save, pay, borrow, and insure with little or no face-to-face and phone interactions.

Headquarters Location

Cairo,

Egypt

+20 02-19524

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Khazna's Products & Differentiators

    Earned wage access

    Providing instant access to salaries for users

Research containing Khazna

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Khazna in 3 CB Insights research briefs, most recently on May 11, 2022.

Expert Collections containing Khazna

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Khazna is included in 2 Expert Collections, including Insurtech.

I

Insurtech

3,848 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

F

Fintech

3,600 items

Excludes US-based companies

Latest Khazna News

After earthquakes, Syrians utilise new guidelines to cross from Turkey | Turkey-Syria Earthquake Information – EAST AUTO NEWS

Mar 9, 2023

| Turkey-Syria Earthquake Information Bab al-Hawa, Syria – After seven years aside, Hussein al-Ahmed made the journey from Turkey, and at last reunited together with his household in northern Syria. But it surely was not any change associated to the battle in Syria that introduced him again. As an alternative, al-Ahmed is likely one of the 1000’s of Syrian refugees in Turkey who’ve taken benefit of a rest in laws following the devastating earthquakes that hit southeastern Turkey and northern Syria a month in the past. Turkish authorities now permit Syrian refugees residing in earthquake-hit provinces to voluntarily return to opposition-controlled northwestern Syria after which come again – so long as they don’t spend longer than six months away. For Syrians residing within the 10 Turkish provinces most deeply affected by the earthquakes, the place so many buildings have been destroyed and lots of stay unsafe, Syria – a rustic they fled because of the now 12-year battle – all of a sudden seems to be extra interesting, albeit briefly. “After my sister and I spent 10 days in public parks, I didn’t have any alternative apart from return to Syria by way of the voluntary return system that was introduced,” stated al-Ahmed, a 30-year-old refugee initially from northern rural Hama who lives within the metropolis of Iskenderun in southern Turkey. Hussein al-Ahmed reunited together with his household in Syria after spending seven years in Turkey [Ali Haj Suleiman/Al Jazeera] The determined situation of the southern Turkish provinces hit by the earthquakes, and the dearth of kin in different provinces, are among the many pull elements which have inspired some Syrians to make the journey to northern Syria. There, they’ve kin and could possibly at the least safe a shelter earlier than once more contemplating whether or not to remain or to return to Turkey, as soon as earthquake-hit areas have been rebuilt. The variety of Syrian refugees who arrived in Syria through the Bab al-Hawa, Bab al-Salam, and Jarablus border crossings has reached nearly 40,000. “The variety of refugees arriving by way of the Bab al-Hawa crossing is sort of 15,000,” Mazen Alloush, director of media relations on the Syrian aspect of the crossing between the nation and Turkey, instructed Al Jazeera. Alloush stated that the voluntary return programme extends solely to holders of the non permanent safety allow, and isn’t open to holders of vacationer residency permits, and even twin Syrian-Turkish residents. A Turkish defence ministry official additionally instructed Reuters final week that 40,000 Syrians had returned to their dwelling nation. Since April final 12 months, Syrians had been prevented from making spherical journeys again to Syria, and weren’t allowed to return to Turkey in the event that they crossed the border. The difficulty of Syrian refugees in Turkey, who quantity greater than 3.75 million, has been a controversial one in recent times, with rising anti-Syrian sentiment among the many Turkish public. Alternative to get away For al-Ahmed, his deliberate three-month journey to Syria gives a possibility to get away from what he skilled through the earthquakes, which killed greater than 50,000 individuals in each Turkey and Syria, however he’ll then must return. “I’ll return to Turkey after my voluntary return ends as a result of my household lives in a refugee camp right here and I don’t wish to improve their burden,” al-Ahmed stated. “I additionally should resume work so I can safe a residing for me and my household right here.” For others, the chance to return dwelling allowed them to lastly say goodbye to relations that had handed of their absence. Malak Khazna, a Syrian refugee who has lived within the Turkish metropolis of Antakya for the previous 9 years, misplaced her mom two years in the past, however had been unable to return for worry of being caught in Syria. “My primary cause for returning is visiting my mom’s grave. Maybe she would forgive me for once I couldn’t say goodbye and handle her throughout her sickness,’ Khazna instructed Al Jazeera. Malak Khazna has gone to Syria together with her four-year-old son, and is planning to spend three months there  earlier than deciding on whether or not to return to Turkey [Ali Haj Suleiman/Al Jazeera] Khazna stated that the destruction attributable to the earthquake had reminded her of her experiences through the battle in Syria, the place buildings had been toppled and civilians had been caught below the rubble. “My keep is for 3 months. I’ll reside with my son and his household,” stated Khazna. “If I discover issues to be secure, and there aren’t any air strikes, I’ll stay right here and received’t return to Turkey. I went to Turkey to flee the [Syrian President Bashar] al-Assad regime’s air strikes – I didn’t go there to settle.” The quake-stricken, southern Turkish provinces host the very best numbers of Syrian refugees in Turkey, in mild of their proximity to the Syrian borders, and their low hire and value of residing compared to the opposite provinces. A few of the refugees who resided in these provinces have now determined to make a everlasting return after the earthquake, through which many misplaced their jobs and their belongings. Hassan Hasram, a father to eight youngsters, is a Syrian refugee who lived in Antakya. Now, after dropping his grandson and son-in-law within the earthquake, he has determined to return to Syria. “I can’t transfer to a different province due to hire skyrocketing after the earthquake in most Turkish provinces. Additionally , my household is massive and I received’t be capable of afford our bills after dropping my office,” stated Hasram. Hasram instructed Al Jazeera that he has no kin in addition to his sister, who lives in a refugee camp close to the Syrian-Turkish border, and her tent wouldn’t be sufficient to shelter him and his household. And so, between the choice of the tent he at the moment lives in, and making the dangerous journey again to Syria, he has determined to go dwelling. “Issues are very dangerous within the camp [in Turkey]. There’s a severe scarcity of help, whether or not by way of meals, or heating, and even ingesting water,” Hasram stated. “Turkey is now a part of the previous, and I received’t be capable of return once more.” Did you like this article? Share it now privacy-friendly!

Khazna Frequently Asked Questions (FAQ)

  • When was Khazna founded?

    Khazna was founded in 2019.

  • Where is Khazna's headquarters?

    Khazna's headquarters is located at Cairo.

  • What is Khazna's latest funding round?

    Khazna's latest funding round is Series A.

  • How much did Khazna raise?

    Khazna raised a total of $38M.

  • Who are the investors of Khazna?

    Investors of Khazna include Accion Venture Lab, Algebra Ventures, Quona Capital, CVentures, Khwarizmi Ventures and 9 more.

  • Who are Khazna's competitors?

    Competitors of Khazna include Tamara, MNT-Halan, Tabby, Telda, Bykea and 12 more.

  • What products does Khazna offer?

    Khazna's products include Earned wage access.

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