216 Capital invested 400,000 euros in My Easy Transfer, a Franco-Tunisian fintech startup, to enhance money transfer services for the Tunisian diaspora.

Target Information

My Easy Transfer is a Franco-Tunisian fintech startup founded in March 2022 by brothers Ismaïl and Jabrane Khenissi. The founders, experienced IT and finance professionals, have backgrounds in major international banks across the UK, France, and Africa. My Easy Transfer aims to simplify money transfer services, particularly for the Tunisian diaspora, which is pivotal in the financial landscape with nearly 2 million Tunisians living abroad.

Since its inception, My Easy Transfer has experienced significant growth, amassing a customer base of 10,000 within just one year. The company is committed to revolutionizing the financial transfer landscape by offering innovative, cost-effective solutions tailored to the diaspora's needs.

Industry Overview

The Tunisian economy increasingly benefits from the financial contributions of its diaspora, with expectations that money transfers will hit 10 billion dinars by the end of 2023. The remittance market is a crucial