Flash is a digital payments service in Egypt that lets people pay bills and make purchases quickly using a mobile app (useflash.app). It works by processing payments through Banque Misr, ensuring secure transactions, and offering features like QR code payments for fast checkout. The app earns revenue from small transaction fees charged on each payment, with potential additional income from partnerships that provide exclusive deals to users. What sets Flash apart from competitors is its combination of a bank-backed, secure payment flow with a simple user experience tailored for Egyptian consumers, and the credibility of its Central Bank of Egypt approval and Banque Misr partnership. The company aims to accelerate cashless payments in Egypt by making digital transactions faster, easier, and safer for individuals, aligning with the growing digitization of the Egyptian economy and the shift away from cash.
Company Size
51-200
Company Stage
Seed
Total Funding
$6M
Headquarters
Cairo, Egypt
Founded
2021
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Egypt-based fintech Flash has completed a $6 million Seed round led by Addition with participation from Flourish Ventures and other...
Flash, a revolutionary fintech firm, announced it has secured a substantial $6 million seed round, led by Addition, with backing from Flourish Ventures and other strategic angel investors.