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mylo
Mylo is a Sharia-compliant fintech platform based in Cairo, Egypt, founded in 2023. It offers a buy now, pay later (BNPL) service that allows consumers and businesses to make purchases at thousands of retail points across the country. Mylo is built on the established expertise of B.TECH, Egypt’s leading electronics retailer, which has over 27 years of experience in BNPL solutions. The platform enables users to split payments into installments and access financing for a variety of everyday items, including electronics, clothing, travel tickets, and educational expenses. Mylo's services are designed to be ethically inclusive, adhering to Islamic finance principles by avoiding interest-based charges. It serves individual consumers and businesses, promoting financial inclusion while maintaining responsible lending practices.
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