About Settle
Settle is a payment processing platform from Settle that facilitates secure transactions. It provides features such as online payment acceptance, invoicing, and analytics tools so businesses can manage their financial activities effectively. Settle supports multiple payment methods including credit cards and bank transfers, catering to diverse customer preferences. This platform also ensures compliance with industry standards for data security to protect sensitive information. Key capabilities: online payment acceptance invoicing analytics tools multiple payment methods data security compliance Best for: businesses that need a reliable solution for managing payments and invoicing processes.
Settle is an Egyptian fintech startup launched in 2023 by Kamil Sayour and Mostafa Mobarak. It focuses on modernizing B2B payments and collections by simplifying financial workflows and providing real-time cashflow insights for businesses. The platform is designed to help CFOs, finance teams, and business owners manage payments more efficiently, reduce delays, and gain visibility into liquidity. Settle’s solution integrates web-based payment processing, automated collections, and analytics dashboards, making it particularly useful for industries with complex supply chains such as construction, energy, and contracting. During its testing phase, Settle processed over EGP 50 million (≈$1 million) in transactions, demonstrating strong early adoption. In September 2024, Settle secured $2 million in pre-seed funding led by Shorooq Partners, with participation from El Sewedy Capital Holding, Acasia Ventures, and Plus VC.
Pros & Cons
- +Automated collections reduce receivable delays.
- +Cloud-native infrastructure supports scalability.
- +Multi-currency support enables cross-border trade.
- +Invoice management simplifies reconciliation.
- +Strong investor backing boosts credibility.
- −Competing with global fintech giants is challenging.
- −SME adoption may be slowed by digital literacy gaps.
- −Customer support response times may vary.
- −Marketing visibility lower than global platforms.
- −Invoice management requires accurate data input.
Features
Key features
- Integration Options – Connect with ERP and accounting systems.
- User-Friendly UI – Simplify adoption for finance teams.
- Savings Metrics – Measure efficiency improvements transparently.
- Customer Support – Dedicated helpdesk for enterprises.
- Scalable Operations – Suitable for SMEs and large corporations.
- Risk Management Tools – Identify and mitigate financial risks.
- Custom Branding – Personalize portals for businesses.
- Community Empowerment – Expand access to fintech tools.
- Policy Compliance Tools – Ensure adherence to financial regulations.
- Performance Benchmarking – Compare cashflow across departments.
Additional features
- Community Empowerment – Expand access to fintech tools.
- Policy Compliance Tools – Ensure adherence to financial regulations.
- Audit Trail – Maintain transparent records of transactions.
- Performance Benchmarking – Compare cashflow across departments.
- Secure Encryption – Protect sensitive financial data.
- Mobile Access – Manage payments on smartphones.
- Multi-Currency Support – Handle cross-border transactions.
- Invoice Management – Digitize billing and reconciliation.
- Payment Scheduling – Automate recurring transactions.
- Investor Confidence Tools – Provide transparency for stakeholders.
- Global Expansion Roadmap – Target MENA and beyond.
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
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About Settle
Settle is a payment processing platform from Settle that facilitates secure transactions. It provides features such as online payment acceptance, invoicing, and analytics tools so businesses can manage their financial activities effectively. Settle supports multiple payment methods including credit cards and bank transfers, catering to diverse customer preferences. This platform also ensures compliance with industry standards for data security to protect sensitive information. Key capabilities: online payment acceptance invoicing analytics tools multiple payment methods data security compliance Best for: businesses that need a reliable solution for managing payments and invoicing processes.
Settle Details
Settle's In-App Market Place
Does Settle have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
Egypt (£)
Pros & Cons
- Automated collections reduce receivable delays.
- Cloud-native infrastructure supports scalability.
- Multi-currency support enables cross-border trade.
- Invoice management simplifies reconciliation.
- Strong investor backing boosts credibility.
- Competing with global fintech giants is challenging.
- SME adoption may be slowed by digital literacy gaps.
- Customer support response times may vary.
- Marketing visibility lower than global platforms.
- Invoice management requires accurate data input.
Settle's Support Options
Email Address
info@settle-payments.comSettle's Alternatives
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