“Can nano-lending to Egypt's unbanked population serve as the entry point to broad financial inclusion and identity-building for the underserved?”
Kashat launched in 2019 as Egypt's first nano financial services provider, focused exclusively on serving the unbanked and underbanked population via an Android-only app. The company offers short-term micro-loans (100–2,000 EGP) to help users build a financial identity, positioning itself as an entry point to financial inclusion rather than a full-service neobank. Now operating under parent company Raseedi, Kashat remains a narrow-focus micro-lending vehicle in the Egyptian market.
Kashat is founded in 2019 and headquartered in Cairo, Egypt.
Kashat has raised $3.75M in total (latest round: Convertible Note, 2021).
Get a read on where your own stack stands against Kashat and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.