Balad
Cross-border payout network enabling seamless transactions for MTOs, fintechs, and mobile wallets with comprehensive API integrations and analytics.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | $1.0m | Seed | |
| Total Funding | 000k | ||
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Balad is an Egyptian startup specializing in cross-border payment solutions, primarily serving Money Transfer Operators (MTOs), fintech companies, and mobile wallet providers. The company operates in the financial technology (fintech) sector, focusing on facilitating seamless international transactions. Balad's core offering is a comprehensive financial platform that enables businesses to execute cross-border payments efficiently.
Balad's business model revolves around providing a one-stop solution for cross-border payouts. This includes API integrations, which allow other businesses to easily incorporate Balad's payment services into their own systems. Additionally, Balad offers powerful analytics tools to help clients monitor and optimize their transactions. The company generates revenue through service fees charged for each transaction processed through its platform.
The primary market for Balad's services includes businesses that need to send or receive money across borders, such as MTOs, fintech startups, and mobile wallet providers. These clients benefit from Balad's innovative solutions, which are designed to be user-friendly, reliable, and efficient. By offering a robust and scalable platform, Balad helps its clients grow and reach their potential.
Balad's team consists of experienced professionals with a proven track record in creating cutting-edge financial solutions. The company emphasizes a culture of inclusion, creativity, openness, and safety, ensuring that its products not only meet but exceed client expectations. Balad is committed to protecting user privacy and complying with relevant data protection regulations, such as Egypt's law no.151 of 2020.
In summary, Balad is a fintech company that provides cross-border payment solutions to MTOs, fintechs, and mobile wallet providers. It operates in the financial technology sector, offering API integrations and analytics tools to facilitate seamless international transactions. The company makes money through transaction fees and is dedicated to delivering innovative, reliable, and user-friendly products.
Keywords: Cross-border payments, fintech, MTOs, mobile wallets, API integration, analytics, Egypt, transaction fees, financial platform, innovative solutions.