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Home Technology

Fatura achieves sales up to LE1b in Egypt annually

by Gazette Staff
April 24, 2021
in Technology
Fatura achieves sales up to LE1b in Egypt annually 1 - Egyptian Gazette
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By Hamed Mahmoud

After a series of successes and representations in the Egyptian market, the leading platform in the field of e-commerce and financial technology “My  Fatura Egypt” has officially announced that its business volume has reached more than one billion pounds annually.

” Fatura” also aims to provide technological solutions to connect retailers and wholesalers on one side and link wholesalers, manufacturers and companies on the other side through a platform limited for traders who are members of the company network.

Launched nearly two years ago, the  Fatura platform has succeeded in providing services to 25,000 traders working in 20 governorates.

Commenting on this success, Hossam Ali, founder and CEO of Fatura expressed his pride in the “achievements made during the past period that led the company realise its dream”, as the company has a strategic plan to expand its operations inside and outside Egypt and to increase the volume of its business in many economic sectors, with a main aim of facilitating business for wholesalers and retailers, as well as manufacturers and suppliers together.

He added that the ” Fatura” application allows merchants to make purchases with credit card as well as accept payments in a digital form, noting that it is planned for the platform’s members to reach more than 100,000 traders in all governorates by the first quarter of 2022.

“We provide all services electronically, especially in the payment and collection system, and we aim through ” Fatura” to become the largest e-platform for wholesale trade in Egypt and Africa in the coming period,” CEO Ali said.

Tags: e-commerceFatoorahplatform

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