# Khazna

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/khazna

- Industry: Financial Services
- Headquarters: Cairo, Egypt
- Website: www.khazna.app
- Latest round: Series A (Mar 20, 2022)
- Investors on record: 9

## About

Khazna Tech, based in Egypt, operates as a financial technology company offering a comprehensive app that enhances financial management for employees through wage access and digital services.Founded in 2019 in Cairo, Egypt, Khazna Tech delivers digital financial solutions primarily for employees. The company has successfully completed 7 deals, with its latest funding round in 2025 raising USD 16.00 mn co-led by new investors Nclude, Finance in Motion, ANB Capital, AlJazira Capital, Investment Capital Ukraine and returning investors Khwarizmi Ventures, Quona Capital, Speedinvest, Disruptech. New inevstor TIBAS Ventures also participated in the round. The firm was co-founded by Ahmed Wagueeh, Omar Salah, and Omar Saleh, with Omar Saleh serving as CEO.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. Additionally, the app supports installment-based purchases for electronics and other goods without upfront payments or interest, serving a diverse clientele in Egypt and possibly expanding into other Middle Eastern markets.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. Through collaborations with retailers and service providers, the app enhances user access to various products and services while maintaining competitive pricing.Khazna aims to expand its service offerings by launching new products designed to enhance user experience and financial management capabilities. The company is targeting growth in other Middle Eastern markets, planning to leverage recent funding of USD 16.00 mn to support these initiatives. Notably, Shorooq Partners has exited its stake in Khazna Tech, indicating potential shifts in the company's strategic focus.

## Funding rounds

- Series A, Mar 20, 2022 — Accion, Speedinvest, CVentures, Quona Capital, Algebra Ventures, Disruptech, Global Ventures, Khwarizmi Ventures, AB Accelerator
- Seed, Mar 8, 2020 — Accion, Algebra Ventures

## Investors

- Accion (https://capitalatlas.ai/funds/accion) — Seed, Series A
- Algebra Ventures (https://capitalatlas.ai/funds/algebra-ventures) — Seed, Series A
- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Series A
- CVentures — Series A
- Quona Capital (https://capitalatlas.ai/funds/quona-capital) — Series A
- Disruptech (https://capitalatlas.ai/funds/disruptech) — Series A
- Global Ventures (https://capitalatlas.ai/funds/global-ventures) — Series A
- Khwarizmi Ventures (https://capitalatlas.ai/funds/khwarizmi-ventures) — Series A
- AB Accelerator (https://capitalatlas.ai/funds/ab-accelerator) — Series A