economies

Nsave, a fintech based in Geneva making banking in Switzerland accessible to people in countries at war or those with unstable banking sectors or facing high inflation, has raised $4 million seed funding. Amer Baroudi and Abdallah AbuHashem co-founded nsave in 2021 from lived experiences. “And then based on the risk scores, you might be prompted into different streams of questions or enhanced due-diligence mechanisms. Also, in war-torn countries like Sudan, people with savings in local banks have a hard time accessing their money. “Now nsave is live, there’s finally a trusted option to protect their users against the rampant inflation of distressed economies, providing safe, stable offshore accounts to people who need them the most.”