AB Xelerate

MoneyHash streamlines payment processes for businesses by offering a unified API that integrates various pay-in and pay-out rails. It provides a customizable checkout experience, optimizes transaction routing to minimize fraud failures, and offers centralized reporting.

Khazna operates a mobile financial platform in Egypt and the Middle East aimed at expanding access to formal financial services. The company offers general purpose credit, buy now, pay later, and bill payment capabilities and seeks to digitize cash transactions across Egypt and beyond. Its platform is described as a workforce banking solution that enables employers to provide cash advances to employees, facilitates peer-to-peer payments, and supports cash deposits and withdrawals with low or no transaction fees. The service bundle includes payments, savings, and insurance features to deliver a convenient, secure smartphone-based financial ecosystem for individuals and workforces in Egypt and Saudi Arabia.

Addenda LTD, established in 2018 and headquartered in Dubai, United Arab Emirates, specializes in providing blockchain-based distributed ledger technology (DLT) services to the insurance industry. The company streamlines insurance processes, enables real-time task reporting, and securely records claim and policy data onto the blockchain for enhanced transparency and security. Additionally, Addenda offers data input validation and analysis services. In 2020, Addenda launched Hala Insurance, an insurtech startup aiming to provide affordable, quick, and online car and home insurance to the 500 million people living in the Middle East and North Africa (MENA) region, thereby disrupting the traditional insurance industry.