Cairo-based fintech startup Klivvr has received final approval from Egypt’s Financial Regulatory Authority (FRA) to launch its Buy Now, Pay Later (BNPL) product. This significant step marks a key development for the company as it seeks to enhance credit accessibility for Egyptians through its all-in-one financial app.
Klivvr’s BNPL service will allow users to split purchases into manageable payments with flexible credit limits, whether shopping online or in-store. The service is designed to be paperless, instant, and fully integrated into the Klivvr app, offering a seamless experience for users.
“We believe financial empowerment starts with access and control,” said Nils Bachtler, CEO of Klivvr. “Our BNPL product was built to be human-first, designed to give users clarity, flexibility, and trust in every transaction.”
The approval comes as demand for installment-based payment solutions grows in Egypt, driven by rising living costs and an increasing demand for flexible payment options. Klivvr’s solution aims to make credit more accessible and transparent, providing users with instant approvals, personalized limits, and a clear view of how credit affects their financial well-being.
“This is a turning point—not just for Klivvr, but for the future of lending in Egypt,” Bachtler added.
Omar Sherif, CTO of Klivvr, explained that BNPL is fully integrated into the app’s infrastructure. “From real-time credit scoring to frictionless app experiences, everything is built to scale responsibly while putting users in control,” he said.
The service will be rolled out gradually across Klivvr’s merchant network, with full access expected later in 2025. With this move, Klivvr is positioning itself as a major player in Egypt’s digital lending market. CFO Bassem Youssef added, “BNPL adds a new layer to Klivvr’s revenue model while offering users unmatched value. We’re entering a new phase of responsible, data-driven growth.”
Founded to help users spend smarter, save better, and borrow seamlessly, Klivvr is now expanding its offerings by adding flexible credit options, further solidifying its position in the future of consumer finance in Egypt.
