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Fawaterak For online payments Online payments platform For social Commerce

Cover image of Fawaterak For online payments, Fintech venture on VC4A

Fawaterak is PCI certified online payments platform that enables MSMEs to process all their payments online through an easy and powerful dashboard integrated with more than 13 payment methods.

More than 70% of MSMEs merchants from MENA region is facing big problems which is cash collections, account payables and account receivables, it is very hard for small businesses to collect their payments from clients for products or services or sell their products / services online, delay of payments, get clients to pay instantly, Follow-up with clients, waste of time and efforts following-up payables and keeping things organized.

Fawaterak has been helping them to do so, especially in 2020, where we were able to help thousands of merchants continue their business during the pandemic.

Here are the stats:
-Merchants: 3,800+
-Transactions : 155.000 +
-GMV: USD 5.250 Millions +
-Team Size: 8

Sectors Fintech
Location Egypt
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