Arab Finance: Beltone Asset Management, a subsidiary of Beltone Financial Holding, has partnered with fintech platform Telda to expand access to Beltone's investment products and mutual funds through Telda's application, as per a press release.

The partnership will allow Telda users to open investment accounts digitally using only their national ID, without paperwork or branch visits, and invest in a range of funds established and managed by Beltone Asset Management. Users will also be able to receive redeemed proceeds directly on their Telda cards.

Available products will include the "Meya Meya" fund, the "Sabayek" gold investment fund, "B-Secure," which is a liquidity-focused fund, and "Wafra EGX 33," a Shariah-compliant equity fund, alongside a selection of sector-focused investment funds.

The integration brings Beltone Asset Management's investment offerings onto Telda's digital platform, where users can monitor stock prices in real time and buy or sell stocks through a single interface.

Investments and stock trading services will be available with zero subscription fees and commission charges, excluding precious metals funds.

 “Our partnership with Telda reflects our commitment to broadening access to investment solutions while evolving how investors engage with financial products in an increasingly digital environment. Through this collaboration, we are extending trusted investment products to a broader segment of users through a seamless and accessible experience,” Khalil El Bawab, CEO of Local and Regional Markets at Beltone Holding, stated.

Ahmed Sabbah, CEO of Telda, commented: “This partnership marks an important step toward delivering a more integrated financial experience for our users by bringing together everyday financial services and investment solutions within a single platform, enabling our users to access trusted investment products through a simple and flexible digital experience.”