Jumia is a leading e-commerce platform in Africa. Our marketplace is supported by our proprietary logistics business, Jumia Logistics, and our digital payment and fintech platform, JumiaPay. Jumia Logistics enables the seamless delivery of millions of packages while JumiaPay facilitates online payments and the distribution of a broad range of digital and financial services.
Contact Financial Holding is a leading group in providing non-bank financial solutions and services, managing a group of companies that provides a full range of financing and insurance products and services. Contact adopts an innovative approach to ensure the provision of its services of the highest quality in the fields of finance and insurance, with the easiest process to reach a wide segment of the market.
Jumia, the leading e-commerce platform in Africa, and Contact Creditech, the consumer financing arm of Contact Financial Holding, announced today a collaboration to launch a new group of financial services for consumers in Egypt.
This partnership will enable Jumia to offer different payment methods to simplify the buying process and create a variety of financial solutions for the customers of both companies.
This is why Contact Creditech has worked on several axes to keep pace with recent changes, and these axes include strategic partners at all levels in various fields to allow the use of digital credit assessment based on artificial intelligence technology and linking the multiple systems of success partners to achieve the best customer experience.