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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.
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Founders
Mohamed El-Feky, Yasmine Henna and Karim Tawfik
Location
Egypt
Tags
Fintech
Early
Fund II