Contact Creditech to provide LaaS to Telda’s customers
Updated 7/9/2023 11:06:00 AM
Arab Finance: Contact Creditech, the digital consumer finance arm of Contact Financial Holding, has signed a cooperation agreement with the financial services provider Telda to offer consumer finance services to the latter’s customers, an emailed release revealed.
Under the agreement, the lending as a service (LaaS) will be available to Telda’s customers, allowing them to apply for Contact’s consumer finance services to finance their purchases via instalments, to be paid over up to 60 months.
“This collaboration enables us to provide instant credit options and flexible installment plans, empowering users to enhance their purchasing power and effectively manage expenses,” CEO of Telda Ahmed Sabbah commented.
“Through Telda's collaboration, we are expanding our services to Telda’s customer base using the latest technologies in the lending sector,” CEO of Contact Financial Holding Said Zater said.
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