CAIRO, June 16 – Egyptian investment firm Beltone Asset Management has teamed up with fintech company Telda to make mutual funds and investment products available directly through the Telda app, giving users a simpler way to start investing from their phones.
Under the partnership, users can open investment accounts within minutes using only their national ID, without paperwork or visiting a branch. They will be able to invest in products including the Meya Meya fund, Sabayek gold investment fund, B-Secure liquidity fund, and Wafra EGX 33, a Shariah-compliant equity fund.
Investments made through the Telda app will not attract subscription or commission fees, except for precious metals funds. Investors can also transfer redeemed funds directly to their Telda cards.
The partnership follows regulatory changes that have accelerated digital investing in the country. In 2025, Egypt’s Financial Regulatory Authority approved the use of fintech solutions across brokerage operations at firms including Telda, Beltone and Thndr, allowing investment services to be completed entirely online.
That shift has coincided with rising retail participation in the market. According to Financial Regulatory Authority data, investor accounts registered on the Egyptian Exchange jumped 215% year on year in the first quarter of 2026.
Egypt’s investment fund industry has also expanded rapidly. Net asset value across investment funds rose to EGP 410.6 billion, equivalent to about $8.15 billion, by the end of the first quarter of 2026. The number of funds increased to 187, while the number of fund certificates held by investors more than doubled over the same period.
Founded in 2021 and launched publicly in 2022, Telda is licensed by both the Central Bank of Egypt and the Financial Regulatory Authority.
