FinTech
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Egypt: aiBANK joins InstaPay as part of its digital transformation strategy
Offering instant payment services is a strategic move that is part and parcel of our vision to enhance our digital footprint and customer experience.
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Egypt-based fintech investment platform Exits.me raises $1.25 mln capital
According to a press statement issued on Monday, Exits.me, an Egypt-based fintech investment platform, has grown its total capital to $1.25 million.
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Egypt Post partners with Qardy
Online aggregator marketplace Qardy has announced its partnership with Egypt Post to offer SMEs access to financing opportunities in Egypt.
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Egypt’s Masroofi raises $1.5 million
Egypt-based fintech Masroofi, has closed a $1.5 million investment round from undisclosed investors.
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Egyptian startups to digitally transform pharmacies
Also stationed in Cairo, financial service Paymob was founded in 2015 and has 40 payment methods available for businesses to choose from.
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Afreximbank Announces Talks with Egypt to join Platform for Commercial Transactions with Africa in Local Currencies
The official stressed that the accession of Egypt, led by the Central Bank and with the participation of a number of commercial banks.
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The effects of digital transfers on Egypt's economy
Remittances are a crucial source of income and foreign currency in Egypt, often serving as the only financial safety net for low-income households.
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Saudi Arabia’s VMS acquires minority stake in Egypt’s Cash Cows
The partnership aims to connect Egypt’s and Saudi Arabia’s startup and entrepreneurship market and also help in mobilizing resources and expertise.
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Flutterwave eyes Egypt’s cross-border payments market as it plans IPO
The payment company hopes expanding and deepening its market coverage will also be a boost for its IPO appeal.
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Egypt’s Agel raises pre-Seed round for its Sharia-complaint fintech platform
The newly raised funds will be deployed to allow Agel to become a licensed non-banking financial institution, fine-tune its product, and accelerate it