What they do:

VaulFi is on a mission to bring financial inclusion to Algeria, by helping Algerians perform international and online transactions through multi-currency accounts, fund transfers, and cards.
VaulFi tailors international fintech solutions to address local needs, offering Algerians a secure and reliable platform to safely store and manage their funds.

Why we invested:

VaulFi offers innovative financial solutions targeting the underserved remittance and e-payment markets in Algeria. Leveraging its advanced technology platform, VaulFi aims to disrupt the traditional financial services landscape by providing cost-effective, reliable, and user-friendly payment solutions (ie: digital bank account).

VaulFi is poised to be the first startup to introduce legally compliant multi-currency accounts, physical and virtual cards that work internationally, and a robust compliance framework that accepts Algerian documents for KYC. This positions the company as a trailblazer in a largely untapped market.

The Founder:

Dr. Safa Korti is the Co-Founder and CEO of VaulFi. She is an Algerian entrepreneur with a dentistry degree, and a prestigious scholarship from the U.S. Embassy, founded VaulFi to address the financial exclusion she experienced firsthand. Growing up in Algeria, she faced significant challenges accessing modern financial tools, inspiring her to create solutions for underserved communities. Known for her bold and determined nature, Safa has also produced some of the largest technology and startup events in Africa and the world, showcasing her ability to turn vision into impactful innovation

Karim Khattaby is the Co-Founder and CTO of VaulFi. With a strong passion for startups and social impact, he brings hands-on experience in building and scaling tech ventures, having built the first GPUaaS in MENA, and led a leading AI startup in the region to reach $15M+ in annual revenue as their deputy CTO where he also built their technical team.Karim brings the industry knowledge from his role at one of the largest financial institutions in the region.
Karim won many awards from Microsoft and Amazon

Active in:

Algeria