Founded in 2021, Sympl is the first platform of its kind to empower sellers to sell their products and services directly to bank card holders on short-term, interest free payments plans that are the best fit with customer preferences. Sympl gives customers the opportunity to better manage their expenses and save money by paying in 3, 4 or 5 payments on a weekly, bi-weekly, or monthly basis without interest, hidden fees, or an application process.</p><p>The platform starts at the checkout and eliminates lengthy onboarding or pre-purchase registration, creating a seamless and simple shopping experience both in-store and online. The company helps merchants expand their sales across a wider customer base, and allow any walk-in customer with an eligible bank card to pay later without any application process nor documents required. Sympl has already partnered with some of the leading retail outlets in Egypt.
Founders
Mohamed El-Feky, Yasmine Henna and Karim Tawfik
Location
Egypt
Tags
Fintech
Early
Fund II