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Bokra and Geidea Announce Strategic Partnership to Empower 200,000+ Merchants in Egypt.

Bokra, a leading digital savings platform, signed a strategic partnership with Geidea, Egypts leading fintech company and provider of digital payment solutions.

The purpose of this partnership is to offer innovative digital savings solutions to Geidea’s merchant network in the Egyptian market.

Under this partnership, more than 200,000 merchants within Geidea’s network will gain access to Bokra’s digital savings product. A solution that enables merchants to grow their excess cash liquidity through daily returns that comply with Sharia principles, while allowing easy withdrawal and redemption whenever needed. This helps merchants maximize the value of their funds without affecting their daily business operations.

Ayman El Sawy, Founder and CEO of Bokra, affirmed that the partnership will be an important step toward enabling business owners and merchants to make better use of their available liquidity through digital savings tools that combine ease of use, flexibility, and attractive returns.

He said, “Through our collaboration with Geidea, we are offering merchants a practical way to benefit from their available cash liquidity instead of leaving it idle. Through the Bokra Savings Account, merchants can grow their funds with daily returns that comply with Sharia principles while maintaining full flexibility to access their money whenever needed. We believe that effective liquidity management has become one of the key factors supporting business growth and sustainability. Therefore, we are committed to providing simple and efficient digital savings solutions that help business owners generate greater value from their excess cash liquidity.”

Read Also: African Fintech Credable Rebrands to _able As it Hits $650Mil Distribution in loans in Africa.

The partnership aims to achieve several strategic objectives, including:

  • Enabling merchants to grow excess cash liquidity and earn daily returns.
  • Promoting financial inclusion by providing accessible digital savings solutions to a broader segment of business owners.
  • Supporting smart cash flow management and helping merchants optimize the use of their funds.
  • Expanding the adoption of digital financial solutions among SMEs and merchants across Egypt.
  • Enhancing the value proposition offered to Geidea’s customers through additional financial and savings services that support business growth.

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