{"id":654254,"date":"2024-10-30T00:00:00","date_gmt":"2024-10-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/30\/vezeeta-announces-new-innovation-hub-visa-and-nymcard-partnership-regional-expansion-plans\/"},"modified":"2024-10-30T00:00:00","modified_gmt":"2024-10-30T00:00:00","slug":"vezeeta-announces-new-innovation-hub-visa-and-nymcard-partnership-regional-expansion-plans","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/30\/vezeeta-announces-new-innovation-hub-visa-and-nymcard-partnership-regional-expansion-plans\/","title":{"rendered":"Vezeeta announces new innovation hub, Visa and Nymcard partnership, regional expansion plans"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Introducing Vezeeta Lab: <\/strong>Digital healthcare platform Vezeeta has launched a new innovation hub \u2014 dubbed Vezeeta Lab \u2014 to develop the company\u2019s presence at home and abroad, in addition to developing new services, the company said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/2587.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. \u201cVezeeta Lab aims to empower the healthcare sector by providing advanced services that align with the growing needs of customers,\u201d Chief Corporate Development Officer Choucri Asmar said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aiding the company\u2019s expansion plans is a big part of the innovation center<\/strong>, with the company planning to expand into Libya and Iraq by next year, a company official told EnterpriseAM. Vezeeta is also looking to increase its presence in countries it is already operating in, he said, name checking Saudi Arabia, the UAE, and Nigeria.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Visa and Nymcard are also on board with the company\u2019s plans: <\/strong>Vezeeta also signed cooperation agreements with electronic payments leader Visa and fintech player NymCard to develop, simplify, and improve the platform\u2019s payment and booking services for both patients and doctors. The end game, according to Vezeeta, is to \u201ccreate an integrated ecosystem for digital healthcare services that enhances quality and user experience.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This is Visa\u2019s first healthcare venture in the region: <\/strong>The agreement \u201cmarks our first steps into the healthcare sector in Egypt and the Middle East and reflects Visa\u2019s commitment to driving digital transformation, by providing innovative and secure payment solutions,\u201d Visa Egypt Country Manager Malak El Baba said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is Visa\u2019s first healthcare venture in Egypt and the region<\/p>\n","protected":false},"author":1,"featured_media":654255,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7410],"tags":[72,7115,2110,666],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-654254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-healthcare","tag-enterpriseam","tag-healthcare","tag-vezeeta","tag-visa","wpautop","entry"],"acf":{"mongo_id":"870b9ffb-7d59-4dfd-8c9e-4128cc1ac58b","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/2640.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Vezeeta announces new innovation hub, Visa and Nymcard partnership, expansion plans outside of Egypt","related_issue":[654244],"teaser":"This is Visa\u2019s first healthcare venture in Egypt and the region","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.bb530260-728e-40f4-866a-50971ab0f50a.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The decision comes after Vezeeta secured USD 12 mn in a series \u2018C\u2019 fundraising round led by Saudi Telecom\u2019s venture capital arm, STV, which Barsoum said will be used for\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646217,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/08\/vezeeta-becomes-endeavor-catalysts-first-investment-in-egypt\/","url_meta":{"origin":654254,"position":1},"title":"Vezeeta becomes Endeavor Catalysts\u2019 first investment in Egypt","author":"enterpriseam admin","date":"8 June 2017","format":false,"excerpt":"INVESTMENT WATCH- Healthcare startup Vezeeta has landed a USD 500k investment from Endeavor Catalysts, marking the first investment in Egypt by the entrepreneurship network\u2019s co-investing arm, the group said in a recent email. Vezeeta, which recently closed a USD 10.5 mn funding round after raising USD 5 mn in a\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604616,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/ifc-says-invested-usd-1-mn-in-vezeeta-in-september-fundraising-round\/","url_meta":{"origin":654254,"position":2},"title":"IFC says invested USD 1 mn in Vezeeta in September fundraising round","author":"enterpriseam admin","date":"9 December 2018","format":false,"excerpt":"INVESTMENT WATCH- The International Finance Corporation invested USD 1 mn in Vezeeta as a follow-on investment to a September series \u2018C\u2019 fundraising round in which the online platform raised USD 12 mn, it said in a statement. Vezeeta, an app that helps connect patients with physicians, aims to use the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/2404.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550058,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/vezeeta-raises-undisclosed-round-isupply-raises-usd-1-5-mn-pre-seed\/","url_meta":{"origin":654254,"position":3},"title":"Vezeeta raises undisclosed round + i\u2019Supply raises USD 1.5 mn pre-seed","author":"enterpriseam admin","date":"12 October 2022","format":false,"excerpt":"Pharma startups big and small got a shot in the arm yesterday, as Egypt-born Vezeeta and local newcomer i\u2019Supply both scored fresh funding rounds. Vezeeta closes undisclosed round: Digital healthcare platform Vezeeta has raised an undisclosed amount from existing investors Abu Dhabi-based Gulf Capital and Swedish VNV Global, it said\u2026","rel":"","context":"In &quot;Startup watch&quot;","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\/10\/201.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":639242,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/24\/vezeeta-looking-to-expand-in-africa-and-arab-countries\/","url_meta":{"origin":654254,"position":4},"title":"Vezeeta looking to expand in Africa and Arab countries","author":"enterpriseam admin","date":"24 October 2017","format":false,"excerpt":"Online medical booking company Vezeeta is eyeing expansion into Africa and the Arab world, according to a statement picked up by Al Mal. The firm is looking at North African markets, as well as the UAE and KSA. Vezeeta which has raised USD 11 mn from investors, recently made noise\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567557,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/27\/vezeeta-eyeing-expansion-beyond-mena-in-early-february-says-founder\/","url_meta":{"origin":654254,"position":5},"title":"Vezeeta eyeing expansion beyond MENA in early February, says founder","author":"enterpriseam admin","date":"27 January 2020","format":false,"excerpt":"STARTUP WATCH- Vezeeta eyeing expansion beyond MENA in early February, says founder: Vezeeta, an app that helps connect patients with physicians, is looking to enter Africa and south-east Asia for the first time in early February, founder Amir Barsoum says in an interview with the National. Although the company is\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"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\/654254","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=654254"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/654254\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/654244"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/654255"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=654254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=654254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=654254"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=654254"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=654254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}