- Trevi and Paymob launched a digital payment app to enhance financial security and promote cashless transactions in Egypt.
- Trevi plans to expand into seven new markets, including Saudi Arabia and the UAE, within five years.
- Upcoming features include Trevi Spaces, Save Now Pay Later (SNPL), and loan and leasing services for financial flexibility.
Trevi, a leading provider of electronic payment services, has announced the launch of its new digital payment application in partnership with Paymob. This collaboration is aimed at expanding digital financial services across Egypt and strengthening financial security for consumers and businesses.
A Step Towards Financial Inclusion
The newly launched Trevi app is designed to provide individuals and entrepreneurs with secure and convenient financial solutions. The initiative aligns with the Egyptian government’s push toward financial inclusion and the digital transformation of payment services.
Through its collaboration with Paymob, Trevi integrates various payment solutions, including electronic transactions, loyalty programs, and installment services. The app supports multiple payment methods such as credit cards, ATMs, QR codes, NFC technology, and ValU installment plans. These features enable a seamless payment experience for users while promoting cashless transactions in Egypt.
A User-Centric Approach to Digital Payments
The Trevi app not only facilitates smooth and secure transactions but also offers financial analytics to help users track and manage their expenses. A standout feature is the “Family Wallet,” which enables users to monitor and control household spending efficiently.
Antony Sobhy, CEO of Trevi and a seasoned expert in fintech across Europe, Africa, and the Middle East, emphasized that the app is designed to revolutionize personal finance management. By incorporating loyalty programs tailored to users’ spending habits, Trevi aims to enhance the overall customer experience while driving digital adoption in financial services.
Market Growth and Future Expansion Plans
Trevi is making bold moves in the fintech industry, with projections indicating that Egypt’s digital payment market could reach $157.86 billion by 2029. The company has ambitious growth plans, aiming to attract 11.4 million users and generate $2.8 billion in transactions over the next five years.
Beyond Egypt, Trevi plans to expand its footprint into seven new markets, including Saudi Arabia, Jordan, the UAE, Lebanon, Morocco, Libya, and Iraq. By entering these markets, Trevi is positioning itself as a key player in digital payments across North Africa and the Levant (NALP), fostering financial inclusion and innovation in the region.
Exclusive Features and Future Innovations
Trevi has already secured partnerships with a variety of merchants, including high-end restaurants, jewelry retailers, fashion brands, electronics vendors, and grocery stores. The app also includes a premium service, “Trevi Lifestyle,” which grants users access to exclusive events and experiences.
Additionally, the app supports travel-related services, allowing users to book flights and hotel stays while earning rewards on their reservations.
Upcoming Features
Trevi is committed to continuous innovation, with several new features set to be introduced soon:
- Trevi Spaces – A tool for managing shared expenses among family and friends.
- Save Now, Pay Later (SNPL) – A financial tool designed to help users combat inflation.
- Loan and Leasing Services – Covering mortgages, car loans, education financing, and wedding expenses.
Driving the Future of Digital Payments
With a strong focus on financial security and user convenience, Trevi’s partnership with Paymob marks a significant step toward a more inclusive digital payment ecosystem. As the fintech industry continues to evolve, Trevi remains committed to offering cutting-edge solutions that cater to the diverse needs of its growing customer base.
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Last Updated on February 20, 2025 by Safiya K
