{"id":543579,"date":"2022-02-08T03:51:45","date_gmt":"2022-02-08T03:51:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/ofh-subsidiary-klivvr-to-launch-app-payment-cards-early-this-year\/"},"modified":"2022-02-08T03:51:45","modified_gmt":"2022-02-08T03:51:45","slug":"ofh-subsidiary-klivvr-to-launch-app-payment-cards-early-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/ofh-subsidiary-klivvr-to-launch-app-payment-cards-early-this-year\/","title":{"rendered":"OFH subsidiary Klivvr to launch app + payment cards early this year"},"content":{"rendered":"

<\/a> Klivvr partners with Visa to launch financial services:<\/strong> Orascom Financial Holding\u2019s fintech subsidiary Klivvr<\/a> has signed a partnership agreement with Visa to help launch the fintech firm\u2019s financial services \u2014 including physical and digital payment cards, and an app \u2014 in early 2022, according to an OFH statement (pdf)<\/a>. In a phased plan, the two firms will first provide consumer financial services before expanding their focus to small merchants, SMEs, and startups.<\/p>\n

What they said: <\/strong>\u201dKlivvr\u2019s financial app, slated for launch in early 2022, is the first in a roster of upcoming digitally enabled financial products that we plan to rollout over the coming year, all as part of our strategy of capitalizing on financial markets\u2019 growing preference and adoption of tech-driven digital solutions,\u201d OFH CEO and Klivvr Chairman Nils Bachtler (My Morning Routine<\/a>) said in the statement.<\/p>\n

Background:<\/strong> The news comes after Klivvr landed an initial license<\/a> from the Central Bank of Egypt to launch a mobile application and issue payment cards in partnership with Arab African International Bank.<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

Klivvr partners with Visa to launch financial services: Orascom Financial Holding\u2019s fintech subsidiary Klivvr has signed a partnership agreement with Visa to help launch the fintech firm\u2019s financial services \u2014 including physical and digital payment cards, and an app \u2014 in early 2022, according to an OFH statement (pdf). In a phased plan, the two […]<\/p>\n","protected":false},"author":1,"featured_media":543580,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7323],"tags":[72,183,556,850,553,666],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-543579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","tag-enterpriseam","tag-fintech","tag-klivvr","tag-nils-bachtler","tag-orascom-financial-holding","tag-visa","wpautop","entry"],"acf":{"mongo_id":"6f16d870-e1cd-45e0-b29b-7c61ee6e9053","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/2\/99.jpg","photo_position":"above","related_issue":[543567],"teaser":"","voice_url":""},"yoast_head":"\nOFH subsidiary Klivvr to launch app + payment cards early this year - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/ofh-subsidiary-klivvr-to-launch-app-payment-cards-early-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OFH subsidiary Klivvr to launch app + payment cards early this year\" \/>\n<meta property=\"og:description\" content=\"Klivvr partners with Visa to launch financial services: Orascom Financial Holding\u2019s fintech subsidiary Klivvr has signed a partnership agreement with Visa to help launch the fintech firm\u2019s financial services \u2014 including physical and digital payment cards, and an app \u2014 in early 2022, according to an OFH statement (pdf). In a phased plan, the two […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/ofh-subsidiary-klivvr-to-launch-app-payment-cards-early-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-08T03:51:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/99.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/ofh-subsidiary-klivvr-to-launch-app-payment-cards-early-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/ofh-subsidiary-klivvr-to-launch-app-payment-cards-early-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"OFH subsidiary Klivvr to launch app + payment cards early this year\",\"datePublished\":\"2022-02-08T03:51:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/ofh-subsidiary-klivvr-to-launch-app-payment-cards-early-this-year\/\"},\"wordCount\":180,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/ofh-subsidiary-klivvr-to-launch-app-payment-cards-early-this-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/99.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"Fintech\",\"Klivvr\",\"Nils Bachtler\",\"Orascom Financial Holding\",\"Visa\"],\"articleSection\":[\"Fintech\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/ofh-subsidiary-klivvr-to-launch-app-payment-cards-early-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/ofh-subsidiary-klivvr-to-launch-app-payment-cards-early-this-year\/\",\"name\":\"OFH subsidiary Klivvr to launch app + payment cards early this year - 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The company is planning to establish a EGP 300-500 mn tech fund and invest in its fintech venture Klivvr using some of the proceeds\u2026","rel":"","context":"In "NON-BANK FINANCIAL SERVICES"","block_context":{"text":"NON-BANK FINANCIAL SERVICES","link":"https:\/\/enterpriseam.com\/egypt\/category\/non-bank-financial-services\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":577415,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/22\/local-pharma-startup-closes-usd-8-mn-round-klivvr-gets-cbe-nod\/","url_meta":{"origin":543579,"position":1},"title":"Local pharma startup closes USD 8 mn round + Klivvr gets CBE nod","author":"enterpriseam admin","date":"22 November 2022","format":false,"excerpt":"Local B2B pharma platform Grinta has closed a USD 8 mn seed round led by MENA-focused VC Raed Ventures and local fintech fund Nclude, with participation from Endeavor Catalyst and 500 Global, it said in a press release (pdf) yesterday. The capital raised will help the company expand locally, growing\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/338.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":658002,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/30\/klivvr-to-launch-consumer-finance-arm\/","url_meta":{"origin":543579,"position":2},"title":"Klivvr to launch consumer finance arm","author":"enterpriseam admin","date":"30 December 2024","format":false,"excerpt":"This comes after the fintech player received the green light from the FRA","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/755.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":658634,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/government-lays-out-target-to-slash-customs-times-to-two-days-by-the-end-of-this-year-plus-saudi-egyptian-industrial-investment-orascom-financial-holding-klivvr-holding-nio-prometeon-tyre-bony\/","url_meta":{"origin":543579,"position":3},"title":"Government lays out target to slash customs times to two days by the end of this year. PLUS: Saudi Egyptian Industrial Investment, Orascom Financial Holding + Klivvr Holding, NIO, Prometeon Tyre, Bonyan","author":"enterpriseam admin","date":"14 January 2025","format":false,"excerpt":"The government also recently inked agreements with Saudi Arabia, UAE, and Bahrain to cut the time down from a few days to just a few hours","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/744.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":579205,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/30\/katamish-moves-to-mnhd-new-ir-leads-at-ofh-and-ek-holding\/","url_meta":{"origin":543579,"position":4},"title":"Katamish moves to MNHD + new IR leads at OFH and EK Holding","author":"enterpriseam admin","date":"30 January 2023","format":false,"excerpt":"Our friend Salah Katamish (LinkedIn) is now full time at real estate developer MNHD as the company\u2019s senior vice president for strategy and investments. He remains a member of the board of directors at MNHD, a post he has held since 2017. Katamish had been on staff at private equity\u2026","rel":"","context":"In "Moves"","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/510.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565269,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/30\/orascom-financial-pushes-into-fintech\/","url_meta":{"origin":543579,"position":5},"title":"Orascom Financial pushes into fintech","author":"enterpriseam admin","date":"30 March 2021","format":false,"excerpt":"Orascom Financial Holding (OFH) is making its entry into the fintech space, announcing today in an EGX statement (pdf) that it will partner with Egyptian software provider Excel to launch a new e-payments company. The statement did not specify which end of the sector the company will target. OFH will\u2026","rel":"","context":"In "SPEED ROUND: FINTECH"","block_context":{"text":"SPEED ROUND: FINTECH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-fintech\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/543579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=543579"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/543579\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/543567"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/543580"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=543579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=543579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=543579"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=543579"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=543579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}