
nsave
Nsave offers reliable accounts to individuals from nations plagued by high inflation and dysfunctional banking systems.
Date | Investors | Amount | Round |
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- | investor investor investor | €0.0 | round |
investor investor | €0.0 | round | |
investor investor investor investor investor investor investor investor investor | €0.0 | round | |
investor investor investor investor investor investor | €0.0 | round | |
* | $18.0m | Series A | |
Total Funding | 000k |
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Masref is a forward-thinking startup focused on revolutionizing global financial inclusion. The company provides a platform that allows individuals to send money to friends and family across the globe, quickly and efficiently. Whether you are in Beirut and need to send money to New York or London, Masref makes it possible with just a few clicks.
The company primarily serves individuals in distressed economies—places where traditional banking systems may be unreliable or inaccessible. By offering a reliable and user-friendly service, Masref aims to bridge the gap between these underserved populations and the global financial system.
Masref operates in the financial technology (fintech) market, which is a rapidly growing sector that uses technology to improve financial services. The company's business model is based on transaction fees. Every time a user sends money through the platform, Masref charges a small fee. This fee is competitive, making it an attractive option for people who need to send money internationally without incurring high costs.
The leadership team at Masref brings a wealth of experience from prestigious institutions and successful ventures. Abdallah, the Chief Technology Officer, has degrees in computer science from Stanford and has worked for tech giants like Microsoft and startups like Robinhood. The Chief Financial Officer, an entrepreneur from Singapore, has a background in impact funding and has previously started Givfunds, which provides low-cost loans to social enterprises in Asia.
In summary, Masref is dedicated to making global financial transactions easier and more accessible, particularly for those in distressed economies. By leveraging technology and a strong leadership team, the company is well-positioned to make a significant impact in the fintech market.
Keywords: fintech, global financial inclusion, money transfer, distressed economies, transaction fees, user-friendly, international, technology-driven, experienced leadership, financial services.