Khazna Expands in Egypt with Consumer Finance Acquisition

أكتوبر 22, 2026 ENGLISH اضف تعليق

Khazna Capital, part of Khazna, a leading financial technology company focused on empowering underserved consumers across the Middle East, has completed its acquisition of Pharos Consumer Finance Company from Pharos Holding. The transaction, completed earlier this year, marks a strategic step in Khazna’s expansion across Egypt’s consumer finance market. The company has also begun deploying credit lines from financial institutions.

The acquisition gives Khazna access to a full consumer finance license issued by Egypt’s Financial Regulatory Authority (FRA), establishing a regulated foundation for expanding responsible financing products and reaching more consumers underserved by traditional banking services.

Acquisition Strengthens Khazna’s Consumer Finance Strategy

The transaction represents an important milestone in Khazna’s long-term strategy to deepen its presence in Egypt and expand access to regulated consumer financing. By bringing Pharos Consumer Finance into its operations, Khazna aims to strengthen its ability to deliver financial products to a broader range of consumers through a regulated platform.

The move supports the company’s focus on developing accessible financial services for people who may have limited access to conventional banking products. It also positions Khazna to build on its existing technology-driven approach as it expands its activities in Egypt’s evolving financial services sector.

B2B2C Model Supports Distribution and Credit Risk Management

Khazna’s business model is built around partnerships with companies and institutions, connecting them with consumers through a business-to-business-to-consumer (B2B2C) approach. The model is supported by users’ salaries and pensions, which Khazna says helps strengthen product distribution, credit risk management and customer trust.

Through this partnership-led structure, the company seeks to make financial products more accessible to underserved segments while supporting a more effective approach to reaching customers and managing financing risks.

The acquisition complements this strategy by adding a licensed consumer finance operation to Khazna’s broader financial technology offering, creating a platform for the company to expand its regulated financing activities in the Egyptian market.

Credit Lines Support the Next Phase of Growth

Alongside the acquisition, Khazna Capital has started deploying credit lines from financial institutions. This development supports the company’s financing operations as it works to expand its consumer finance offering and strengthen its presence in Egypt.

The combination of institutional credit facilities, a licensed consumer finance business and Khazna’s partnership-based distribution model provides a foundation for expanding access to regulated financial products. The company’s stated focus remains on serving consumers who have traditionally been underserved by conventional banking channels.

Pharos Consumer Finance Adds a Licensed Platform

Pharos Consumer Finance Company, formerly part of Pharos Holding, is a licensed consumer finance institution in Egypt. It focuses on providing regulated credit products and has a track record of responsible lending and financial services designed to address the needs of diverse consumer groups.

The acquisition brings this licensed business into Khazna’s operations, supporting its ambition to expand its consumer finance activities within Egypt’s regulatory framework. It also strengthens the company’s ability to develop financing solutions for a wider range of consumers.

Khazna Focuses on Accessible Digital Financial Solutions

Khazna is a consumer-focused financial technology company dedicated to delivering accessible and innovative financial solutions to underserved communities across the Middle East. Through digital platforms and customer-focused offerings, the company aims to help individuals meet their financial needs with greater ease and dignity.

Its expansion into regulated consumer finance in Egypt aligns with this broader mission of improving access to financial services and supporting financial inclusion. By combining technology, institutional partnerships and a licensed financing platform, Khazna is seeking to extend its reach among consumers who have limited access to traditional financial products.

Zaki Hashem, Attorneys at Law, Advises on the Transaction

Zaki Hashem, Attorneys at Law, one of Egypt’s established legal firms, acted as legal counsel for the acquisition, providing legal advice and support throughout the transaction process.

The deal marks a further step in Khazna’s plans to expand its presence in Egypt’s financial technology sector and broaden access to regulated consumer finance products, with a focus on underserved consumers and responsible financing.