Our friends at Kashat, the region's first provider of nano-financial services, have added Marija Zivanovic-Smith (LinkedIn) as an independent board member. Based in Washington, DC, Zivanovic-Smith sits on the executive leadership team of NCR, the original fintech player and a global leader in enterprise technology for restaurants, retailers and banks. NCR is the number one global POS software provider for retail and hospitality and the top provider of multi-vendor ATM software.

Kashat has more than doubled its addressable market: Zivanovic-Smith’s joining comes just after Kashat has rolled out its services in Menia, Assiut, Sohag and Qena. Together with its integration with mobile network operator Etisalat, Kashat has grown its serviceable market to 67 mn Egyptians from 30 mn previously. The company closed a USD 1.75 mn bridge round in September.

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