FinTech is the innovative application of technology is the financial industry. There are numerous emerging start-ups working in FinTech area, creating services and products such as e-wallets, P2P payments, credit validation, personal finance management (PFM), mobile financial tools, crowdfunding, retail payments, currency exchange and etc. In recent years in Iran, FinTech products and services are trending and eFarda is one the pioneers.
With its open innovative approach, investing via Finnova and providing technical services, eFarda supports and accelerates financial technologies in Iran. Needless to say, some of the key products are developed by the company in-house.
“Hamrah Card” is a mobile system used for transferring money, shopping, charity and other kinds of activities which can be done through an e-wallet. Hamrah Card has been active since 2013 and is the first application which enabled users to transfer money from credit cards on mobile platforms in Iran. Hamrah Card has provided the users with the chance of any kind of mobile transactions using Shebat Credit Cards. Users can also send and receive money from any bank and transfer money from credit cards of 19 different banks.
Learn more about Hamrah Card