| Founded | 2019 |
|---|---|
| Closed | 2023 |
| Country | Egypt |
| Sector | Fintech |
| Collapse type | Sudden Collapse |
Nasara
"Egyptian digital lending platform wiped out by currency devaluation and Central Bank intervention"
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Nasara built a digital microlending platform targeting Egypt's massive underbanked SME sector, offering working capital loans of EGP 5,000-50,000 via a mobile app with instant decisioning.
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