"We are exceptionally proud to be the first institutional investor partnering with Dayra, in whom we see vast potential due to their disruptive and relevant business model as Egypt works to build financial inclusion and intermediation. Today, EFG Hermes has several key facilities on offer to empower companies with great ideas such as Dayra to come in and fill essential gaps in the market. We have funneled key investment capital in the company through EFG EV Fintech and offered a bespoke, multi-million financing facility through our factoring and leasing arm EFG Hermes CorpSolutions. We are confident that Dayra has the tools in place to make the impact it hopes to see in the market, and we're proud to be helping them get there," said Walid Hassouna, CEO of the NBFI Platform at EFG Hermes and Group Head of Debt Capital Markets.