FinTech
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Fawry cooperates with XPay to provide the 'FawryPay Reference code' service
Fawry provides 'FawryPay Reference code' to 'XPay' customers and merchants in the Egyptian market.
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Fawry & BOTIM Enable Digital Bill Payments for Egyptian Expats in UAE
The first-of-its-kind agreement is set to make life in the UAE simpler for Egyptian expats.
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Egypt’s Copal and Mastercard launch family payment app
The app is designed to give parents and custodians control over young family members’ funds, allowing them to easily track and manage finances.
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AMAN Holding announces 2022 business milestones & future plans for 2023
AMAN Holding future plans aim to provide a more inclusive bundle of non-banking financial products to promote financial inclusion and cashless economy
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Egypt’s Fintech Hollydesk Secures $1 Million in Venture Debt Financing
Egypt’s fintech Hollydesk has secured $1 million in venture debt financing from undisclosed investors.
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UAE-based Tabby suspends operations in Egypt
The Mubadala-backed BNPL platform says it will prioritise core markets, citing ‘recent macroeconomic developments’.
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E-finance logs $26.27mln consolidated profits in 2022; dividends unveiled
During the fourth quarter (Q4) of 2022, e-finance recorded a 12.80% year-on-year (YoY) drop in net profit after tax to EGP 121.50 million.
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PaySky, Dahab Masr team up to offer gold investment through online app
Egypt-based digital payment provider PaySky announced on Sunday a partnership with Dahab Masr to offer an online gold investment app.
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Egyptian FinTech investment set a new record in 2022 driven by large deals
Cairo was the most active city in Egypt with 30 deals, accounting for 81% of FinTech deals in the country during 2022.
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Wafeq: the fintech catering to regional standards
A homegrown solution for accounting software always dominated the market and held a 10x larger market share compared to the second largest player.