Founded Year

2021

Stage

Seed VC | Alive

Total Raised

$5M

Last Raised

$5M | 1 yr ago

About Telda

Telda is a financial brand built for Millennials and GenZ to take the pain out of peer-to-peer payments.

Telda Headquarter Location

11 Almaza Street

Cairo,

Egypt

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing Telda

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

CB Insights Intelligence Analysts have mentioned Telda in 1 CB Insights research brief, most recently on Dec 14, 2021.

Expert Collections containing Telda

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

Telda is included in 1 Expert Collection, including Fintech.

F

Fintech

3,330 items

Excludes US-based companies

Latest Telda News

06:45 ET Egypt Prepaid Cards Market Report 2021: Market is Expected to Grow by 18.8% to Reach $3.19 Billion in 2021 - Investment...

Nov 30, 2021

News provided by Share this article Share this article According to the Q2 2021 Global Prepaid Card Survey, prepaid card market in the Egypt is expected to grow by 18.8% on annual basis to reach US$ 3,193.9 million in 2021.The prepaid card market expected to grow over the forecast period, recording a CAGR of 17.2% during 2021-2025. The prepaid card market in Egypt will increase from US$ 2,689.0 million in 2020 to reach US$ 5,075.8 million by 2025. The high mobile penetration rate is encouraging Egypt in its shift to digitalization and FinTech to bridge the banking gap in underserved areas. Notably, Egypt has put financial inclusion as one of its top priorities as part of the 2030 Vision goals. Consequently, the Egyptian Government is directing towards a cashless society. This is because of its impact on the economy by launching several initiatives that will, directly or indirectly, assist the FinTech industry's growth in the country. In line with its digital transformation plan, the Egyptian Government announced the plans to transform 28,000 electronic governmental cards into the more developed national prepaid cards, Meeza Cards, in September 2020. Consumers in the country can use the prepaid Meeza Cards to pay all Government related fees without opening a formal banking account. This strategic move from the Egyptian Government is in line with its efforts to expand electronic payment channels and enhance digital transformation across all sectors. Notably, Meeza is the National Payment Scheme (NPS) of Egypt which is developed by EBC under the supervision of the Central Bank of Egypt. FinTech startups are building partnerships with payment companies to launch prepaid cards: For revolutionizing banking for many consumers, several FinTech startups have emerged over the last few quarters in Egypt. These startups are entering into strategic partnerships with global financial services companies like MasterCard to bring Egypt closer to its vision of the digital economy. For instance, In May 2021, Telda, the Egyptian digital provider, entered into a strategic partnership with MasterCard. Under the collaboration, MasterCard will enable Telda to issue prepaid cards to its customers and facilitate transactions through the payment processing services of MasterCard. Scope: Load Value Trend Analysis

Telda Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Telda Rank

  • When was Telda founded?

    Telda was founded in 2021.

  • Where is Telda's headquarters?

    Telda's headquarters is located at 11 Almaza Street, Cairo.

  • What is Telda's latest funding round?

    Telda's latest funding round is Seed VC.

  • How much did Telda raise?

    Telda raised a total of $5M.

  • Who are Telda's competitors?

    Competitors of Telda include Khazna and 1 more.

You May Also Like

Paymob Logo
Paymob

PayMob is a Payment Service Provider (PSP), offering a suite of financial technology infrastructure to serve end-consumers and merchants and increase financial inclusion in the Middle East. It was founded in 2015 and is based in Cairo, Egypt.

T
Tamara

Tamara provides a buy now pay later solution for customers to pay with no fees with the ability to defer payments up to 30 days or pay in 3 installments.

Postpay Logo
Postpay

Postpay is a platform that splits payments into two or four installments.

MNT-Halan Logo
MNT-Halan

MNT-Halan offers BNPL services, nano loans, microfinance, SME lending, payroll lending, and light-vehicle financing. It is the result of a merger between MNT Investments and Halan.

Buseet Logo
Buseet

Buseet is a bus seat booking platform that offers buses for commuters' daily commutes.

C
Cashew

Cashew is challenging the current credit ecosystem by designing a simple and straightforward credit product while promoting responsible spending. The company was founded in 2020 and is based in Dubai, United Arab Emirates.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.