Digital Treasury

Delivery Hero was founded in 2010 and saw exceptional growth over the next seven years, culminating in a successful IPO in 2017. At that point, the company decided to strengthen its treasury team and improve the centralised visibility and control of its various business entities' bank accounts. In MENA, this has resulted in a rapidly expanding relationship with HSBC, involving bank account rationalisation and the implementation of HSBCnet, both of which are already starting to deliver important benefits.

Even though paper-based processes are still extensively used across the MENAT, there are clear signs that a digital transformation is well underway