Telda

Overview

Telda is a fintech company based in Cairo, Egypt, founded in 2021. It focuses on providing a digital financial platform for Millennials and Gen Z users, aiming to simplify peer-to-peer payments and offer an alternative to traditional banking. Users can easily send, spend, and save money through its app, which features fast and free money transfers, a digital wallet, and an instantly available physical payment card.

Regulated by the Central Bank of Egypt, the company has partnered with Banque Du Caire and Mastercard to enhance its services. As of October 2022, it had around 25,000 customers and a waitlist of 110,000, reflecting strong demand. Telda was recognized as the Best Fintech Startup in North Africa and has raised $25 million in funding, including a seed round led by Global Founders Capital.

Basic Information

Contact Details

• Website: telda.app
• LinkedIn: linkedin.com/company/telda

Key Focus Areas & Initiatives

• Financial platform
• Card issuance
• Youth banking
• Personalized experience
• Digital financial services
• Transaction notifications
• Regulatory compliance
• Card locking
• Fintech innovation
• Social payment features
• Mobile banking
• Digital wallet
• Peer-to-peer payments
• Security features
• Custom card options
• Instant transactions
• Biometric identification
• Youth-focused banking
• Contactless payments
• Financial inclusion
• Regulation by Central Bank of Egypt
• Prepaid cards
• Digital transformation
• Payment processing
• App-based banking
• Spending tracking
• User control
• Instant card delivery
• Growth in Egypt
• Mobile app security
• Customer service
• Partnership with Mastercard
• Account management
• Digital payments
• Money transfer

Technologies Used

• AI
• Circle
• Gmail
• Google Apps
• Google Cloud Hosting
• Lever