Qardy obtains a USD seven-figure pre-seed funding

As an online lending marketplace operating across Egypt and the MENA region, Qardy delivers a range of financial solutions for SMEs, such as long-term loans, short-term loans, leasing, and factoring. The company is committed to supporting SMEs while bridging the gap in debt financing and promoting financial inclusion. Additionally, Qardy focuses on transparency, efficiency, and customer satisfaction, delivering services that can further assist the expansion of small businesses.

The current news follows Qardy’s partnership with Egypt Post, with the two firms planning to provide SMEs with access to financing opportunities in the region. Through this move, Qardy received the ability to offer its services to multiple SMEs in Egypt, with its solutions being delivered via Egypt Post’s network of post offices. Also, the collaboration was set to focus on providing SMEs with the required products and tools for debt financing via both companies’ branches across the country. Qardy was set to enable businesses to fulfil their financial obligations securely, as well as to prioritise making the process more simple and efficient.

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