Transforming security with MagicCube co-founders Hisham Shawki and Nancy Zayed
Hisham Shawki and Nancy Zayed launched MagicCube in 2014 with the intention of eliminating the redundancy of hardware-based security currently used in mobile and IoT devices. The primary target of their technology is the USD 48 bn POS hardware market, a strategy that attracted investments from Visa and CIB’s VC arm CVentures. Beyond financial services, the security platform has major applications in industrial machinery, medical devices, and autonomous vehicles.
The implications on emerging markets looking to improve financial inclusion are undeniable. By removing costly barriers to…
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