Arab Finance: The Egyptian InsurTech platform Nice Deer has joined forces with Misr Finance for Financial Services to offer short-term financing solutions for medical service providers, according to an emailed press release on February 23^rd.

This will reduce delays in medical expense reimbursement, fostering collaboration with insurance companies and spurring the growth of the health insurance industry in Egypt.

The announcement was made during an event organized to flaunt the company's major success stories, in presence of influential players in Egypt's health insurance.

“Nice Deer managed to achieve considerable accomplishments within a short time since its establishment,” Mostafa Medhat, Founder and CEO of Nice Deer, said.

Founded in 2022 by Engy Shalash and Mostafa Medhat, Nice Deer provides a software platform to third-party insurance systems and insurers. It facilitates medical services, connects insurers with beneficiaries, and expedites payment of claims while reducing rejection rates.

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