Beltone partners with Telda to boost digital investing in Egypt

Through this partnership, Telda users can invest directly in Beltone’s mutual funds and other investment products using the Telda app. The whole process is fully digital and made simple for users.

Users will not pay any commission fees, except for precious metals funds. They can also withdraw their money easily and transfer it straight to their Telda card.

The goal of this partnership is to make investment options more accessible and encourage more people in Egypt to take part in financial markets. By combining Beltone’s experience in managing investments with Telda’s easy-to-use digital platform, the two companies aim to offer a smooth and convenient investing experience.

Commenting on the partnership, Khalil El Bawab, CEO of Local & Regional Markets at Beltone Holding, said: “Our partnership with Telda reflects our commitment to broadening access to investment solutions while evolving how investors engage with financial products in an increasingly digital environment. Through this collaboration, we are extending trusted investment products to a broader segment of users through a seamless and accessible experience.”

Ahmed Sabbah, CEO of Telda, said:“This partnership marks an important step toward delivering a more integrated financial experience for our users by bringing together everyday financial services and investment solutions within a single platform, enabling our users to access trusted investment products through a simple and flexible digital experience.”

The partnership is part of Beltone Asset Management’s plan to reach more investors by expanding how it distributes its investment products in Egypt.

The company also wants to grow its presence in the Egyptian market by using the fast rise of digital financial services and connecting with more people who actively use digital platforms.

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