Nader Abdelrazik, MoneyHash’s CEO, emphasizes the uniqueness of their position, with 10% of all MEA payments being digital.
As the first choice in the electronic payments market, "Fawry" seeks to support women empowerment initiatives within the region.
Instapay, Egypt’s leading digital payments innovator, is poised to change the face of advertising with the country’s first-ever 3D ‘out-of-home.
The Central Bank of Egypt has approved raising the share of Vodafone Egypt at the e-payment services provider Basata Holding for Financial Payments.
Tafweela, an end-to-end payment ecosystem targeted at corporate fleets, announced on Tuesday its launch in the Egyptian market.
Mastercard aims to revolutionize Egypt's digital payments, targeting the $20.6 billion market.
Mastercard has announced a strategic partnership with Emirates NBD-Egypt to elevate the digital banking experience for customers.
The first round, launched in June 2023, featured startups from over 18 African countries, including 3 from Morocco, 1 from Egypt, and 1 from Tunisia.
Egypt-based financial services company Paymob has partnered with global e-payment giant Mastercard to expedite the acceptance of digital payment.
The Central Bank of Egypt (CBE) has secured membership in the Organization of Islamic Cooperation's Computer Emergency Response Teams.
Octane, the leading fleet management and digital fuel payments startup, facilitated EGP 1 billion in fuel sales in the first year of operations.
This launch provides gamers in Egypt to easily purchase PUBG MOBILE UC (unknown cash) through the official PUBG shop ‘Midasbuy’.
Zeal, an Egyptian fintech startup, has raised $4 million in funding to expand its technology throughout Europe, the Middle East, and Africa
Egypt aims to launch a digital currency issued by the Central Bank of Egypt, represented by the digital pound (E-Pound) by 2030.
The approval is part of a broader initiative to bolster support for fintech startups and promote a business-favorable climate, as per the statement.
The company achieved an impressive 338% growth in its business volume in 2023, within just one year of its launch.
The Finance Ministry's statement clarified that the growth rate of electronic payment services for state employees reached 12 percent.
The decisions also included exemption from all expenses and commissions related to transfer services for customers of InstaPay.
Earlier this year, the CBE had previously mentioned that it would impose fees on transactions made via the app in early 2024.
Basata Holding, a leading Egyptian e-payment services company, announced plans to introduce new services in 2024 to promote financial inclusion.