Egyptian consumer money app Telda Apk, founded by former SWVL CEO Ahmed Sabah last April, has raised $20 million in seed funding. The fintech said in a statement that it aims to “revolutionize finance in the MENAP region”.
Its main market, Egypt, is one of the largest consumer markets in Africa. Private consumption in the North African market accounts for 85% of its nominal GDP and only 4% of total GDP is non-monetary.
Card use in the country is still in its infancy in a cash-centric society, but startups like Telda are betting that their card products will change history, or at least try to.
Sabah told TechCrunch last year that Telda received a license from Egypt’s main bank, the Central Bank of Egypt (CBE), under new rules that will allow the company to issue cards and offer digital services to customers.
Permission granted. More than a year after its launch, Telda has yet to bring its Maps app and products to more than 30,000 subscribers.
Telda Apk Additional Information
|Updated||Dec 06, 2022|
What is Telda App?
According to sources who spoke to TechCrunch, after raising so much money, it had to go straight to the Egyptian market due to problems with a major bank that needed the proper license to be recognized as a digital bank. At the time it seemed to describe Telda.
Sabah denied that there was any conflict between the two parties. “We are proud to be the first company to receive a license in Egypt.
Egypt’s commitment to shaping the future of finance and establishing itself as a global fintech hub is reflected in the support we have received from regulators over the past year,” Telda finally received CBE license approval to launch payments a few weeks ago. and money application for consumers in the Egyptian market.
The company finally launched last month, introducing its app and MasterCard to the public. This includes 25,000 tickets and a waiting list of customers who have ordered 110,000 tickets.
According to Consumer Money, it “seeks to transform the way people in this part of the world view and manage their finances: from transferring money to saving habits and shopping online and offline.”
In a country where 50% of 100 million people are active smartphone users, two out of three Egyptians have little or no access to formal financial services.
Telda Apk is one of the many fintech apps that raised token capital to provide services like rewards and cards and now later pay individual customers. Other fintechs are simple, happy and valuable.
Telda Apk Features
- Telda Apk is a new debit card that you can use for online and in-store shopping at over 2 million stores worldwide.
- It can also be used to withdraw money from ATMs. The card is linked to your Telda account, which makes it easy to track your spending.
- It also offers a number of benefits, including cashback on select purchases and discounts at select retailers.
- Create a Telda account and add your debit or credit card details. You can then use your card to make online and in-store purchases and ATM withdrawals.
- You can download Telda Apk for Android and the new Telda is offering free shipping on all games ordered from their website.
- The card can be used at any time and the number of free shipments is unlimited. To qualify for free shipping
- The discount will be applied automatically and you will see the savings in your total savings. This offer is valid for a limited time, so take advantage of it.
- The new Telda, you can send games from your collection to friends and family. You can select the game you want shipped, pay the shipping costs, and then print the shipping label. Your friend or family member can track the shipment and pick up the game when it arrives.
Load the Game with the new Telda Bank Card
Telda Apk is a new way to reload games in your collection. You can use a credit or debit card to pay the shipping cost, and the Telda app will calculate the shipping cost for you. You can also track your shipment with your Telda credit card,
so you always know where your toys are. To get started, simply download the app and create an account. Next, add your credit or debit card information. Once you’re ready, you can start playing games from your collection.
We’re excited to announce that you can now enjoy free shipping on all games using your new Telda app! To take advantage of this benefit, simply enter your delivery details and select “Telda” as your payment method at checkout.
Your order will then be shipped free of charge via our standard shipping method. Remember, this offer is only available for a limited time, so grab it while you can.
How to Download & Install the Telda Apk for Android?
This unique feature ensures that users are always protected. If you can’t download this app from the Google Play Store, you can always download it from this website. Follow the instructions below to install this app on your Android devices before using the suggestion.
- Open “Unknown sources” in Settings. After that, go to the Security section and enable the Security option.
- Go to the download manager on your Android device and click on the IPTV Playlist button. Now is the time to get it.
- There are two options on the mobile screen. There are two ways to install the operating system and you just need to flash it on your Android device.
- You will see a popup of options on your phone screen. You have to wait a little bit for it to come out.
- After all the downloads and installations are done, just click on the “Open” option and open your mobile device screen.
Telda Apk, now download this amazing app for Android and PC and enjoy. The downloading APK files and has almost all apps from all genres and categories.
Telda APK Download is placed in the Finance category and developed by Telda. Our website has an average rating of 4.2 out of 5 stars. However, this app is rated 4 out of 5 stars by various rating platforms. You can also post Telda APK on our website for our users to respond. If you want to know more about Telda APK, visit the developer’s official website for more information.