How fast is Qardy growing?

Qardy is an Egyptian fintech company operating a digital lending marketplace. It provides financing solutions, including working capital, equipment, and supply chain financing, to Micro, Small, and Medium-sized Enterprises (MSMEs) in the MENA region, simplifying access to funding. Since its soft launch in late 2022, Qardy has rapidly grown, assisting over 1,000 corporate clients and facilitating over EGP 550 million in loan transactions. The company secured pre-seed funding for expansion, targeting Saudi Arabia. In May 2025, Qardy was acquired by Catalyst Partners Middle East (CPME) in a $23 million SPAC merger.