FinTech
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Egypt fintech sector expands fivefold in 5 years
Egypt’s fintech sector has skyrocketed by a staggering 5.5-fold increase over the past five years, now boasting an impressive 177 startups.
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Fawry, Banque Misr, EBC launch new interoperable cash service for e-wallets
This collaboration aims to enhance financial inclusion and improve access to financial services for a broader segment of society.
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Fawry launches ‘Fawry Business’
"Fawry Business," is a platform designed to support the digital transformation of businesses across Egypt.
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Google Wallet Arrives in Egypt January 2025
The platform’s integration within the Google Pay ecosystem allows it to function as a secondary digital payment tool in Egypt.
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Egypt’s Fincart secures pres-Seed round led by Plus VC
Founded in 2023 by Mostafa Elmasry and Nihal Ali, Fincart provides online retailers with access to a marketplace of delivery providers.
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Visa Brings Apple Pay to its Customers in Egypt
To pay in-store, customers simply double-click the side button and hold their iPhone or Apple Watch near a payment terminal to pay contactlessly.
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Egyptian fintech PayMint launches Meeza prepaid card
Founded in 2019, PayMint provides a wide range of financial services for both individuals and micro, small, and medium-sized enterprises.
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CBE extends exemption from transfer fees on InstaPay for 3 months
These services provide numerous benefits, including convenient and timely access to banking services anywhere.
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Valu issues LE 10 billion securitization bonds
Since launching the first securitization bond issuance in 2021, the company has continued to expand its financial services package.
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Exploring e-wallets in Egypt
Egypt recently launched Apple Pay services in the local market and announced that Google Wallet services will be available starting in 2025.