Page 30 - BKN301 PR Report - April 2024

Damen & BKN301 Group Launch “Damen Cash” Mobile Application to Drive Electronic Payments and Financial Inclusion
amen & BKN301 Group Launch “Damen Cash” Mobile Applica on to Drive Electronic Payments and Financial
Inclusion

April 3 2024

Damen & BKN301 Group Launch “Damen Cash” Mobile

Applica on to Drive Electronic Payments and Financial

Inclusion

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Damen, a leading electronic payment company and innovator in the field of digital transac ons,

in collabora on with BKN301 Group, a leading digital payments and Banking-as-a-Service

provider in the MENA region, officially launched new mobile applica on, “Damen Cash”.

In line with Egypt’s Vision 2030, this collabora on aims to provide convenient and secure
electronic payment solu ons that align with the goals of financial inclusion and Egypt’s digital

transforma on strategy, supported by robust digital infrastructure and legisla ve frameworks.

‘Damen Cash’ aims to streamline and expedite financial transac ons while reducing the reliance

on cash. It provides financial services and digital payments for all segments of society, including
individuals with limited income and those residing in remote areas. By offering an easy and

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