Careem Egypt and Cassbana partner to provide Careem Captains with fuel payment financing

Wael Ibrahim: “Our Captains are the foundation of everything we do at Careem. We are constantly searching for more ways to help boost their earnings while delivering even more flexibility.”

  • Ahmed Karara: “Our focus at Cassbana is to expand our business via strategic partnerships with major companies in the Egyptian market.”
  • Mohamed Shebl: “Our partnership with Cassbana will help Captains to mitigate the impact of rising fuel costs by giving them more tools to manage their fuel purchases.”

Cairo, Dec: Careem Egypt, the region’s leading multi-service platform, and Cassbana Egypt, the specialized fintech solutions provider, sign a cooperation agreement to enable Careem Captains to fuel their vehicles through Cassbana’s deferred payments services.

Careem Captains can access these services through Cassbana’s app on their smartphones and register for the service by completing the KYC (“Know Your Customer”) process, and refueling their vehicles at the stations in Cassbana’s network.

Wael Ibrahim, General Manager for Careem Egypt, commented: “Our Captains are the foundation of everything we do at Careem. We are constantly searching for more ways to help boost their earnings while delivering even more flexibility. We are so pleased to partner with Cassbana to make it easier for them to manage their fuel payments. Cassbana is expanding access to financial services by using tech to make financing more accessible.”

Ahmed Karara, Cassbana’s General Manager of B2B sector, said: “We are proud to announce our partnership with Careem, as part of our expansion plan via strategic partnerships with major companies in Egypt. Such collaborations will provide our customers access to our products and services, including facilitated payments, and enable us to expand in offering advanced fintech solutions to customers who own micro and small enterprises.”

Mohamed Shebl, Chief Operations Officer for Careem Egypt, said: “Our partnership with Cassbana will help Captains to mitigate the impact of rising fuel costs by giving them more tools to manage their fuel purchases. At the start of the year we announced several initiatives to support our Captains and we’re pleased to be able to deliver on our promise. We’re looking forward to expanding our Captain rewards program in the coming months as we expand the range of benefits on offer to Careem Captains.”

The partnership with Cassbana is the latest in a selection of initiatives that Careem Egypt has announced since the start of the year for its Captains. Most recently, Careem Egypt partnered with Amenly.com, which offers health and vehicle insurance services for Careem’s Captains in Egypt.