RIYADH: Egypt-based e-commerce platform, Wasla, has raised $9 million from Egypt's largest non-bank financial service provider, Contact Financial Holding, formerly known as Sarwa Capital.

Wasla is planning to accelerate the platform's expansion in emerging markets as well as introduce more features and products such as ‘buy now pay later.’

Founded in 2019 by Serag Meneassy, Taymour Sabry, and Mahmoud El Said, Wasla claims to be the first emerging markets mobile web browser and desktop extension that helps users save money, pay securely, and gain access to flexible financing.

Copyright: Arab News © 2022 All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.