Sanaddak
OperatingEgyptian app that lets people borrow against the value of their gold without selling it.
- FinTech
- Egypt
- Founded 2022
- sanaddak.com ↗
- Employees
- 11-50
About Sanaddak
Sanaddak is an Egyptian fintech app that lets people raise money from their gold without selling it. Users receive a share of their gold's value in a few simple steps and keep ownership of it.
The company argues that selling gold and buying it back later costs owners at least 5% of its value even when prices do not move. Sanaddak offers an alternative through its mobile app and customer hotline. The company lists a team of 11 to 50 people, and its website is in Arabic and English.
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Frequently asked about Sanaddak
- Where is Sanaddak based and when was it founded?
- Sanaddak is headquartered in Egypt and was founded in 2022.
- What sector is Sanaddak in?
- Sanaddak operates in FinTech and Lending.