Khazna
Latest round
- Series A
Last raised
- Mar 2022
Total raised
- Undisclosed
Investors
- 9
About Khazna
Founded in 2019 in Cairo, Egypt, Khazna Tech delivers digital financial solutions primarily for employees.Khazna provides a financial super app that enables employees to access 30% to 100% of their earned wages any time during the month, with repayment options up to 10 months. The app streamlines bill payments, eliminates the need for cash transactions, and offers users insights into their salary breakdown and financial metrics.Khazna generates revenue through a transaction-based model, primarily from fees for wage access and other financial services offered via the app. Users may incur charges for utilizing features such as bill payments and installment plans, encouraging engagement and retention. Transactions occur directly between the app and its users, positioning Khazna within a B2C framework.Khazna aims to expand its service offerings by launching new products designed to enhance user experience and financial management capabilities.00 mn to support these initiatives. Notably, Shorooq Partners has exited its stake in Khazna Tech, indicating potential shifts in the company's strategic focus.
Who invested in Khazna
9 investors across 2 rounds
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Questions about Khazna
Who invested in Khazna?
Khazna has 9 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Khazna raised?
Khazna has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Khazna last raise money?
Khazna's most recent round on record is a Series A, in Mar 2022.
What does Khazna do?
Founded in 2019 in Cairo, Egypt, Khazna Tech delivers digital financial solutions primarily for employees.
Where is Khazna headquartered?
Khazna is headquartered in Cairo, Egypt.
Which VCs invest in companies like Khazna?
Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at Khazna's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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