Beltone Asset Management has partnered with Egyptian fintech Telda to bring mutual funds and investment products directly to users' phones. Starting now, anyone with a national ID can open an investment account through the Telda app in minutes, no paperwork, no branch visits required.
Through the partnership, users get access to a range of Beltone products: the Meya Meya fund, the Sabayek gold investment fund, the B-Secure liquidity fund, and Wafra EGX 33, a Shariah-compliant equity fund. There are no subscription or commission fees, except on precious metals funds, and any redeemed proceeds land directly on users' Telda cards.
Khalil El Bawab, CEO of Local and Regional Markets at Beltone Holding, said the collaboration is about "broadening access to investment solutions" and extending trusted products to a wider group of users through a more seamless experience. Beltone, founded in Egypt in 2004, manages investments across more than 20 markets in the Middle East and North Africa, serving both institutional and individual clients.
The timing is no accident. Egypt's Financial Regulatory Authority gave the green light in 2025 for fintech platforms including Telda, Beltone, and Thndr to handle brokerage operations fully online. That regulatory shift has clearly moved the needle: investor accounts on the Egyptian Exchange grew 215 percent year-on-year in the first quarter of 2026, according to FRA data.
With competition heating up for a generation of digitally native savers, the race to become Egypt's go-to investment app is very much on.
Originally published by TechCabal.