Telda Becomes Egypt’s First Fintech to Offer Full InstaPay Send & Receive Integration, Powered by Modup

 Telda, Egypt’s leading digital financial platform, today announced the addition of InstaPay send capabilities, completing its end-to-end integration with Egypt’s instant payment network. Following the successful rollout of InstaPay receive services, Telda users can now both send and receive money through InstaPay directly within the Telda experience, making Telda the first fintech in Egypt to offer a fully integrated InstaPay. send and receive service.

The launch has been enabled by Modupay, the leading payments technology enabler in the Middle East and Africa (MEA), whose infrastructure powers the integration with Egypt’s national instant payment network. As Telda’s long-standing technology partner, Modupay has played a central role in supporting the company’s payments capabilities and continued product expansion.

The milestone gives Telda users greater flexibility to move money seamlessly between Telda and bank accounts across the InstaPay network, while maintaining the fast, simple experience they expect.

As digital-first consumers increasingly expect financial services to be as seamless and immediate as the rest of their digital experiences, Telda continues to evolve its platform to deliver faster, simpler, and more connected ways to manage money. The completion of its InstaPay integration reflects the company’s commitment to meeting the expectations of a new generation that values speed, convenience, and frictionless financial experiences.

The integration reflects both companies’ shared commitment to advancing digital financial services in Egypt by making everyday money movement more accessible, reliable, and convenient. Through this collaboration, users can now move funds effortlessly between Telda and the wider banking ecosystem, supporting the continued growth of the country’s digital payments landscape.

“People don’t think about payments in terms of rails or infrastructure, they simply expect money to move instantly whenever they need it,” said Ahmed Sabbah, CEO & Co-Founder of Telda. “That’s exactly the experience we’re building at Telda. Bringing InstaPay to our platform means our users can now move money more freely between Telda and the wider financial ecosystem without compromising on the simplicity and convenience they expect from us. We’re proud to reach this milestone alongside Modupay, whose technology and partnership have been instrumental in making it possible.”

Ahmed Nafie, Chief Executive Officer of Modupay, added: “We’re proud to support Telda in delivering this important milestone. As their technology partner, our role is to provide the infrastructure that allows innovators like Telda to bring secure, scalable payment experiences to market. This launch demonstrates how strong partnerships can accelerate financial innovation and help make digital payments more accessible across Egypt.”

The completion of Telda’s InstaPay integration marks another milestone in the company’s mission to simplify the way people manage their money while reinforcing Modupay’s role as a trusted technology partner powering the next generation of digital payments. Together, the two companies continue to advance financial innovation in Egypt by combining intuitive digital financial experiences with secure, scalable payment infrastructure, making everyday money movement faster, simpler, and more accessible.

About Telda

Telda provides the easiest way to send, spend, save, and invest money. A leading financial

technology company dedicated to revolutionizing how people manage their finances,

Telda focuses on innovation, user experience, and financial inclusion. Offering a range

of cutting-edge financial products and services, Telda is designed to meet the needs of

modern consumers. The mission is to make financial services accessible, simple, and

enjoyable for everyone, empowering individuals to take control of their financial future.

About Modupay

Modupay is the leading payments tech enabler across the Middle East and Africa, empowering banks, fintechs, telcos, and non-banking financial institutions to build, launch, and operate payment products with greater flexibility and control. Formerly known as MDP, Modupay brings together card issuing, payment processing, digital payment solutions, data and insights, and compliance within a modular, scalable, end-to-end platform.

With more than 30 years of experience in the payments ecosystem, Modupay supports partners across the full payments lifecycle, from personalized card production to financial transaction processing and digital payments. Headquartered in Cairo, Egypt, Modupay operates in more than 40 countries and is backed by a team of over 620 professionals, remaining accessible and close to its partners through dedicated, on the ground teams across key regional markets.