Paysky, the leading payments solutions provider in MENA region has announced that it has been selected as the winner or CITIBANK’S Innovation challenge for startups in the “B2B2C payments automation solutions” challenge, awarded to Paysky’s supply chain payments platform (TM) that enables multi-channel payments collections for Small and medium sized businesses as well as established enterprises.

“We are delighted to have been selected as a winner by Citibank for their FinTech innovation challenge in MENA, We look forward to working with Citibank in deploying our payment solutions across the region starting by Egypt, enabling businesses better manage their revenue collection electronically across their various service channels, realizing a lot of savings on time, money and effort in handling cash as well as creating new opportunities to grow their businesses using innovative financial services from CITI powered by Paysky’s next-generation payments solutions” Said Waleed Sadek, Founder & CEO of Paysky.

Mohamed Hassan, Paysky’s HEad of Operations has commented: “Working with Citibank will allow us to offer turn-key payment solutions to Citibank’s customers in Egypt, streamlining their revenue collections both domestically and cross-border”.

Paysky has started working with Citi to deploy the winning solution in a POC with multiple clients from the region.

More details
www.citigroup.com
www.finextra.com