Telda
Founded by Swvl's ex-CTO; Egypt's first Gen-Z money app.
Egypt's Gen-Z P2P + card app.
The facts
| Category | traditional · gen z & students |
| HQ | Cairo, EG |
| Founded | 2021 |
| Custody | Custodial |
| Regulation type | Other / mixed |
| License detail | CBE-regulated (Meeza) |
| Card | MC · Debit |
| Stablecoins | No |
| KYC | Yes |
| Active regions | MENA |
| Countries | Egypt |
| Founders | Ahmed Sabbah, Youssef Sholqamy |
| Funding | ~$60M raised |
Verified links: official site ↗ · terms ↗ · privacy ↗ · @telda ↗
Common questions about Telda
What is Telda?
Telda is a fiat neobank built for gen z & students, headquartered in Cairo, EG and founded in 2021. Your money is held custodially, so Telda or its partner bank holds the balance and you hold a claim on it. Its regulatory structure is mixed (CBE-regulated (Meeza)).
Does Telda have a card, and where can you use it?
It issues a Mastercard debit card. It is available in MENA.
Does Telda require KYC?
Yes. Telda requires identity verification (KYC) to open an account, as a other / mixed.
Peers
Wise · Wio Bank · Zand · YAP · Liv. · Pyypl
Telda appears in
Neobanks available in MENA (85) · Neobanks for gen z and students (8) · Neobanks that issue a Mastercard (150)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.