Dreny & Partners with Klivvr on consumer financing license
Dreny & Partners advised Cairo-based financial services platform Klivvr, in securing a consumer financing license.
The acquired license will allow Klivvr to debut its BNPL service, serving its consumer-base with financial control and payment options.
The company
A subsidiary of Orascom Financial Holding (OFH), Klivvr is a money management platform whose services spans spending, banking, tracking, and saving options. The app features both a free plan, Klivvr Go, and subscription-based model, Klivvr plus.
The Dreny & Partners team
The Dreny & Partners team working on the matter included senior associates Sherine El Menyawy (pictured left) and Nagy Mostafa Ebied (pictured right), as well as associate Mohamed Youssef.