Khazna
Khazna is an Egyptian fintech operating a mobile financial super app that delivers earned wage access, bill payments, and interest-free BNPL to underbanked consumers via B2B2C employer partnerships, serving over 500,000 users across Egypt with planned expansion into Saudi Arabia.
- Company typePrivate
- Founded2019
- HeadquartersCairo, Egypt
- Headcount101–250
- GTM typeB2B and B2C
- OfferingSoftware
What Khazna does
Khazna is an Egyptian fintech founded in 2019 and headquartered in Cairo that operates a mobile-first financial super app targeting the country's underbanked population, estimated at more than 35 million adults with limited access to traditional banking. The platform combines earned wage access (allowing employees to draw 30–100% of their earned salary with repayment periods up to 10 months), digital bill payment, interest-free buy-now-pay-later for electronics and durable goods, payroll statement access, and a physical and virtual Khazna Card. Distribution is anchored by a B2B2C model in which major Egyptian employers — including Hassan Allam, Americana, Eva Pharma, Spinneys, Mobica, ALICO, and others across financial services, telecom, retail, pharma, and construction — integrate Khazna into their payroll workflows, with EWA and BNPL repayment auto-deducted from salaries.
The underlying technology is a mobile application on iOS and Android integrating payroll data feeds from employer partners with a merchant network for point-of-sale BNPL distribution. Revenue is generated through transaction fees on EWA advances, merchant partnership fees on BNPL, and bill payment processing fees; the BNPL product is offered to consumers at 0% interest with no additional fees. As of early 2025, the user base exceeded 500,000, up from 150,000 at the time of the Series A in April 2022. Total disclosed funding exceeds $63 million, including a $38M Series A led by Quona Capital and Nclude (April 2022) and a $16M pre-Series B led by SANAD Fund for MSME and anb Seed Fund (February 2025). The company is pursuing an Egyptian Digital Banking License that would enable full-service deposit-taking and lending, and has announced entry into Saudi Arabia with a planned Riyadh office. Input material also references a 2025 transaction in which G42 acquired e&'s 40% stake in Khazna for $2.2 billion, but the related data center, Microsoft Azure, and HPE infrastructure signals appear to describe a similarly named UAE entity rather than the Egyptian fintech; that ownership claim is noted but not independently corroborated by first-party Khazna fintech disclosures in the input.
Khazna firmographics
Firmographics- Name
- Khazna
- Legal name
- Khazna
- Website
- https://khazna.app
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Khazna is an Egyptian fintech operating a mobile financial super app that delivers earned wage access, bill payments, and interest-free BNPL to underbanked consumers via B2B2C employer partnerships, serving over 500,000 users across Egypt with planned expansion into Saudi Arabia.
- Ownership category
- akta.pro rank
Khazna industry classification
Industry- Product category
- Digital Financial Services / Mobile Banking
- NAICS
- Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Sales Financing (52222)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Embedded Payroll, Earned Wage Access & Benefits Finance (FSAGALAI)
- akta.pro secondary industries
- Earned Wage Access (EWA) & Salary Advances (FSAKAMAE), Instant Payouts & Earned Wage Access (EWA) (FSAMAKAM), In-Store / In-Person BNPL (POS) (FSAKACAB), Super-App Wallets & Mini-Program Payments (FSAMAEAE), Pay Card Programs & Earned Wage Access (EWA) Administration (BPACAIAK), Buy Now, Pay Later (BNPL) (CRAFALAD)
Keywords
Where Khazna is headquartered
LocationHeadquarters
- HQ city
- Cairo
- HQ country
- Egypt
- HQ region
- Africa
Offices2 records
Markets served
Khazna business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Earned Wage Access Fees: Khazna charges fees for salary advance services, allowing employees to access a portion of their earned salary before payday. Repayment periods extend up to 10 months.
- Buy Now Pay Later (BNPL): Khazna generates revenue through installment-based purchases at partner merchants, offering 0% interest and fee-free financing to users while monetizing through merchant partnerships and transaction fees.
- Bill Payment Services: Digital bill payment processing fees collected from utility and service providers for facilitating payments through the platform.
- Digital Banking Services: Future revenue stream planned through digital banking license, which would enable full banking services including deposits, lending, and expanded financial products.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Consumer BNPL - Fee-free installment purchases |
| Transaction based/ take rate | Monthly | Earned Wage Access - Salary advance with repayment |
| Subscription | Annual | Enterprise/B2B - Employer payroll integration |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Khazna product offering
Product offeringCore offering
Khazna operates a mobile financial super app that lets employees of partner employers access 30-100% of their earned salary before payday (with repayment up to 10 months), pay utility and service bills digitally, view payroll statements, and purchase electronics and durable goods via interest-free BNPL at partner merchants. The service is delivered through the Khazna App (iOS/Android) and the companion Khazna Card, targeting Egypt's 35+ million unbanked and underbanked population.
Product overview
Khazna is a single unified financial super app targeting Egyptians, providing mobile-based financial services through its core Khazna App platform. The product suite includes early salary access (Earned Wage Access), bill payment, payroll management, and installment purchasing features. The Khazna Card serves as an add-on payment instrument linked to the platform. The company aims to provide simple, convenient services helping users manage financial obligations without stress, promote savings, and spread financial literacy.
Differentiator
Problem solved
Functional benefit
Products and services
- Khazna App (تطبيق خزنة) Egypt's leading financial super app (iOS/Android) targeting unbanked and underbanked Egyptian consumers, enabling earned wage access (30-100% of salary with up to 10-month repayment), digital bill payment, interest-free BNPL for goods and services, and digital payroll statement access.
- Khazna Card (كارت خزنة) Physical and virtual payment card linked to the Khazna platform, enabling users to access earned wage funds and make purchases at partner merchants, including BNPL-eligible retailers.
Companies that use Khazna
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles3 records
Khazna technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Khazna partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and strategic.
- CorporateStackcoreKhazna partnered with CorporateStack to enhance operational efficiency through ERP solutions. CorporateStack provides enterprise resource planning systems that Khazna integrates with to streamline financial operations and data management.
- HPE (Hewlett Packard Enterprise)strategicKhazna and HPE unveiled UAE's first Direct Liquid-Cooled Data Centre for AI and HPC workloads. This infrastructure partnership supports Khazna's data center expansion plans including a 100MW facility in Ajman, UAE.
- Microsoft AzurestrategicKhazna and G42 are building three data centers totaling 160 megawatts for Microsoft's Azure AI inference infrastructure in the Gulf region. Khazna participates in this data center buildout as part of its partnership with G42.
Scale indicators8 records
Recent moves7 records
Expansion highlights5 records
Khazna competitors and assessment
Company assessmentDirect peers
- MNT-Halan: Egyptian fintech super app offering payments, lending, BNPL, and EWA to underbanked consumers and SMEs — directly overlaps Khazna's product set, customer base, and B2B2C employer channel.
- Lucky One: Egyptian fintech offering a mobile app with payments, savings, and consumer credit to underbanked users; highly comparable as a consumer-facing Egyptian financial super app targeting the same demographic.
- Telda: Egyptian mobile-first digital bank targeting young, underbanked consumers with a fee-free account, bill payments, and consumer credit — competes head-to-head for the same Egyptian consumer wallet as Khazna.
- VALU: Egyptian consumer finance platform offering BNPL, personal finance, and e-commerce installments — competes with Khazna for the same underbanked Egyptian BNPL customers and partner merchants.
- Tamara: Saudi Arabia-based BNPL provider serving consumers and merchants across GCC — direct BNPL competitor as Khazna enters the Saudi market and comparable on merchant network and 0%-interest positioning.
- Tabby: MENA BNPL leader with deep merchant and consumer presence across Saudi Arabia and UAE; directly comparable to Khazna's BNPL product and relevant to its planned KSA expansion.
Others
- Paymob: Egyptian payment infrastructure provider enabling merchants to accept digital payments; adjacent to Khazna as a fintech enabler in the same Egyptian ecosystem and a potential integration partner for merchant settlement.
Broad incumbents
- Klarna: Global BNPL incumbent that has expanded into banking and super-app experiences; comparable to Khazna's planned super-app evolution and fee-free BNPL model, and benchmark for how BNPL economics evolve.
- Fawry: Egypt's leading electronic bill payments and digital finance network with broad consumer and merchant reach — overlaps directly with Khazna's bill-payment and merchant BNPL distribution and is the de facto incumbent in Egyptian fintech.
Emerging players
- MoneyFellows: Egyptian fintech digitizing informal savings circles (rosca/gam'eya) and offering credit products to underbanked users — partial overlap with Khazna's savings and credit use cases for the same Egyptian consumer persona.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Khazna social profiles
Digital presenceKhazna financial estimates
Financial estimateRevenue estimate
Valuation estimate
Khazna leadership team
Management profileNumber of profiles
Profiles5 records
Khazna funding detail
Funding detailFunding overview
Funding rounds9 records
Investors19 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Khazna M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Khazna
What does Khazna do?
Khazna operates a mobile financial super app that lets employees of partner employers access 30-100% of their earned salary before payday (with repayment up to 10 months), pay utility and service bills digitally, view payroll statements, and purchase electronics and durable goods via interest-free BNPL at partner merchants. The service is delivered through the Khazna App (iOS/Android) and the companion Khazna Card, targeting Egypt's 35+ million unbanked and underbanked population.
Is Khazna a public or private company?
Khazna is a private company. It is classified as venture growth investor backed and is currently operating.
When was Khazna founded?
Khazna was founded in 2019. It employs 101 to 250 people.
Where is Khazna based?
Khazna is headquartered in Cairo, Egypt, in the Africa region.
How does Khazna make money?
Four revenue lines are on record. Earned Wage Access Fees are the primary driver. The others are buy Now Pay Later (BNPL), bill Payment Services and digital Banking Services.
Who are Khazna's main competitors?
Direct peers on record are MNT-Halan, Lucky One, Telda, VALU, Tamara and Tabby. Paymob is listed as an others. Broad incumbents are Klarna and Fawry. MoneyFellows is listed as an emerging player.
Does Khazna have an API?
No public API is recorded for Khazna.
What industry is Khazna in?
Khazna's product category is Digital Financial Services / Mobile Banking. Its primary akta.pro industry code is FSAGALAI, Embedded Payroll, Earned Wage Access & Benefits Finance, with a secondary code of FSAKAMAE, Earned Wage Access (EWA) & Salary Advances. Its NAICS code is 54121 and its SIC code is 6199.