Egypt: Flash promotes cashless payments using QR code technology

By : Equipe Publication

Date : mardi, 22 août 2023 12:48

In Africa, digital payment methods are booming. Fintech startups are, therefore, launching ever-innovative products for day-to-day use. 

Flash is a fintech solution developed by an Egyptian eponymous start-up. It enables users to pay their bills or purchases by just scanning a QR code. 

According to Erik Gordon, CEO of the startup behind the solution, the aim is to make payments easier and secure for everyone. For that purpose, the startup has a mobile app for Android and iOS devices. Through the app, users can create their Flah accounts to access the various features. They need to add bank cards or top up their wallets to be able to make transactions. 

In addition to its basic functionality, Flash plans to add new financial management tools to help users make better spending decisions, according to Erik Gordon.  To develop its technology and platform, the startup has already raised over $6 million. According to Play Store data, the Android version of its app has been downloaded more than 5,000 times. 

Adoni Conrad Quenum



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