Cailora is an FCA-regulated payment platform launching in Q3 2026 that enables UK residents to send money to Egypt through bank transfers, cash collection, or direct invoice payments. The service offers transparent fees as low as 0.77% with no hidden charges or rate markups, and is registered with HMRC for anti-money laundering compliance and the ICO for data protection. Cailora specializes exclusively in the UK-to-Egypt corridor, providing fully traceable transfers through regulated banking networks.
- Financial Technology
- Software Only
Funding
Funding not disclosed
Founders
Product
Problem
UK-based Egyptians face high fees, hidden rate markups, and limited delivery options when sending money to Egypt. Many remittance services lack transparency, offer poor exchange rates, or fail to provide flexible payout methods such as cash collection or direct bill payments, making transfers costly and inconvenient.
Solution
Cailora provides a UK-regulated payment platform dedicated exclusively to the UK-to-Egypt corridor, enabling users to send money through bank transfers, cash collection, or direct invoice payments. The service operates with a single transparent fee structure—as low as 0.77%—with no hidden charges or rate markups, ensuring recipients receive the full intended amount. All transfers are processed through FCA-regulated banking networks using SWIFT and IBAN infrastructure, providing full traceability and reliability. Cailora also supports direct payment of utility bills, tuition fees, and medical invoices to Egyptian providers on behalf of recipients, simplifying cross-border financial obligations.
Target Audience
Primary customers are UK-based members of the Egyptian community who need to send money to family, pay bills, or settle invoices in Egypt, as well as businesses with regular payment obligations to Egyptian providers.
Features
- Bank transfers to any Egyptian bank account or digital wallet via SWIFT and IBAN
- Cash collection option for recipients without bank accounts
- Direct invoice payment for utility bills, tuition fees, and medical expenses
- Transparent fee structure with rates as low as 0.77% and no hidden markups
- FCA registration as a Small Payment Institution (No. 1023986) with HMRC anti-money laundering authorization and ICO data protection compliance
- Fully traceable transfers processed through regulated banking networks