Share WhatsApp Email 84 SharesCairo-based fintech startup PayNas has won the first place at Seamless North Africa 2019’s pitch competition, receiving $50,000 as cash prize. Paynas was one of five startups that were competing at Pitch-off, a pitch competition at Seamless North Africa, that’s one of the leading financial services and payments events of the region. The employers using PayNas don’t have to open bank accounts for their employees as PayNas can provide them with Visa powered Debit & Credit Cards for all the employees. PayNas also comes geolocation and geofencing features enabling employers to monitor and improve the productivity and efficiency of their teams. Update – Jun 20, 2019 – 9:10 AM GMT: The story was updated to correct the name(s) of founding team.

Source: The North Africa Journal June 20, 2019 07:18 UTC