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Khazna gives Egyptian workers who lack bank accounts simple digital tools to get paid, move money, and borrow a little when they need it.
Khazna is a financial technology company in Egypt that serves people the traditional banking system mostly overlooks: low- and middle-income workers, many of them paid in cash. Through a phone app, those workers can receive their salary or pension early, load money onto a prepaid card, pay bills, and take out small loans. For someone who has never had a bank account, that mix covers the everyday money jobs most of us take for granted.
The way it makes money is straightforward. Khazna earns fees from the services it provides, and it makes money on the small loans and salary advances it hands out, much like a compact digital bank for the cash economy. Employers also come to Khazna because paying staff digitally is cleaner and safer than hauling around envelopes of cash, and workers stick around because getting part of your pay before payday is genuinely useful when money is tight. Egypt is a big, young country where a large share of people still operate outside formal banking, so the runway for a business like this is long. The catch is that lending to people with thin credit histories is risky, and the company carries real default risk every time it advances a salary. It is also a crowded, fast-moving space with other fintechs and the big established banks all chasing the same customers, so Khazna has to keep its costs low and its credit decisions sharp.
The company has drawn serious backing from investors who believe the underserved-worker market is enormous, which matters for a private firm that is spending to grow rather than paying out profits. In short, Khazna is a bet that the next few hundred million bank customers in the Middle East will be won through a phone, not a branch.
Saved answer · last researched 15 Nov 2026