Careem Egypt and Cassbana partner to provide Careem Captains with fuel payment financing

  • Date: 13-Dec-2022
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:Egypt
  • Who else needs to know?

Careem Egypt and Cassbana partner to provide Careem Captains with fuel payment financing

- Ahmed Karara: “Our focus at Cassbana is to expand our business via strategic partnerships with major companies in the Egyptian market.”

- Mohamed Shebl: “Our partnership with Cassbana will help Captains to mitigate the impact of rising fuel costs by giving them more tools to manage their fuel purchases.”

Cairo, Dec: Careem Egypt, the region’s leading multi-service platform, and Cassbana Egypt, the specialized fintech solutions provider, sign a cooperation agreement to enable Careem Captains to fuel their vehicles through Cassbana’s deferred payments services.

Careem Captains can access these services through Cassbana’s app on their smartphones and register for the service by completing the KYC (“Know Your Customer”) process, and refueling their vehicles at the stations in Cassbana’s network.

Wael Ibrahim, General Manager for Careem Egypt, commented: “Our Captains are the foundation of everything we do at Careem. We are constantly searching for more ways to help boost their earnings while delivering even more flexibility. We are so pleased to partner with Cassbana to make it easier for them to manage their fuel payments. Cassbana is expanding access to financial services by using tech to make financing more accessible.”

Ahmed Karara, Cassbana’s General Manager of B2B sector, said: “We are proud to announce our partnership