Solva is a financial services startup that focuses on enhancing the financial journey of its customers through seamless online assistance, educational resources, and convenient repayment options. Founded in 2016, the company offers online applications for financial assistance, providing access to up to 4 million tenge with an instant decision. Additionally, Solva offers a digital card service allowing users to receive up to 300,000 tenge.
The company is dedicated to improving financial literacy through regular publication of informative articles and video courses on its website. Solva also provides multiple repayment options for personal loans, including online payments, cash, and bank transfers. In January 4, 2024, Solva secured a $20.00M Series B investment from a consortium of investors, including Egyptian Orascom Group, Zhang Capital Partners, Sawiris Family Office, and Zoser Capital Partners.
With its innovative approach, Solva is well-positioned to disrupt the financial services industry and cater to the evolving needs of its customers. The recent investment is expected to fuel the company's growth and expansion as it continues to make strides in the finance, lending, and mobile sectors.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $20.00M | 4 | Egyptian Orascom Group, Zhang Capital Partners +2 | 04 Jan 2024 |
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