For a EGP1bln, Contact signs a collaboration protocol with Toothpick

For a EGP1bln, Contact signs a collaboration protocol with Toothpick

Contact, The Egyptian leading non-banking financial services company, announced the signing of a collaboration protocol with Toothpick as part of its strategic plan to fund the health care sector with an investment of one billion Egyptian pounds during the second half of this year. Through this partnership, Contact supports the expansion of Toothpick in Egypt and its regional expansion by providing a financing program that serves the dental sector to enable dentists in emerging markets to benefit from e-commerce services, payments, and consumer financing to facilitate the procurement of their supplies, equipment, and even their training courses.

This partnership comes in the light of the continuous expansion of Contact’s credit services to serve a wide variety of digital platforms. Moreover, this partnership illustrates the company's dynamic efforts toward enabling emerging tech-based projects to support the financing sector in Egypt in addition to its ongoing work to develop and improve the way consumers and companies access financial services and achieve high-quality customer experience.

In this context, Said Zater, CEO of Contact Financial Holding, said: "Today, we are pleased to implement this strategic collaboration that supports Toothpick platform, which in record time has become a dominant emerging player that has been able to succeed