Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic
No Result
View All Result
Thndr Claps

Thndr Claps » EGY Claps » Financial Services 💸 » Orascom Financial: Strong Plans and Ambitions 🌟

Orascom Financial: Strong Plans and Ambitions 🌟

by Omar El Shorafa
August 21, 2022

The Clap
Nils Bachtler, CEO of Orascom Financial Holding (OFH), stated that the company intends to invest in its subsidiary Klivvr and launch a venture capital fund.

Klivvr is Orascom’s Focus
Bachtler stated that OFH’s plans are all directed towards Klivvr and having them cover all governorates in the future.

What is Klivvr?
Klivvr is a fintech company established in 2021. The company is a subsidiary of Orascom Financial Holding, which holds an 80% stake in the company. 

Klivvr received approval from the payment services sector from the CBE to launch its app and prepaid card.

Launch of Venture Capital Fund
The company is also working on establishing a venture capital fund that specializes in fintech. The fund will have a capital of EGP 300 – 500 million.

In Related News
Bachtler also stated that Orascom’s exit from Beltone was timely and for a fair price.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

Financial Services 💸

CI Capital on the lookout for investment opportunities

by Shams Abbas
January 31, 2023
Financial Services 💸

Faisal Islamic Bank sees strong earnings

by Shams Abbas
January 24, 2023
Financial Services 💸

EFG’s valU eyes EGP 4.5 billion securitized bonds issuance

by Shams Abbas
January 22, 2023
B Investments plans to invest EGP 2bn into healthcare and F&B 💰
Financial Services 💸

B Investments plans to invest EGP 2bn into healthcare and F&B 💰

by Omar El Shorafa
January 19, 2023
Financial Services 💸

EFG Hermes to start exiting from Jordan, Pakistan and another market

by Omar El Shorafa
January 17, 2023
Summary of IMF’s meeting about Egypt’s loan
Financial Services 💸

The SFE & Etisalat Misr to establish a new company 🤝

by Omar El Shorafa
January 17, 2023

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)