Balad

Balad is a cross-border payout infrastructure that aggregates inward remittances in Africa, starting with Egypt. Its innovative API-driven platform enables global Money Transfer Operators (MTOs), Remittance Technology Services (RemTechs), and Superapps to enter the Egyptian market within 4 weeks, allowing them to participate in the $33 billion yearly inflows, the largest receiving market in Africa. Seamlessly integrated with Egypt's national payment system, Balad's platform ensures secure, compliant, and efficient remittance payout to 15 million bank accounts, 40 million wallets, and a growing network of over 4,000 cash-out points. Through the same API, Balad also offers Bill Pay solutions, enabling transfers in kind for millions of Egyptian diaspora. By facilitating digital solutions, Balad aims to maximize the impact of remittance flows, fostering economic growth and financial inclusion in the region.