FinTech News
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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
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Paymob and Chefaa lead digital transformation of pharma retail payments in Egypt
Customers Benefit from Streamlined Transactions and Secure Payment Experiences.
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Egypt hires private company to develop digital services platform for Egypt's SMEs
MSMEDA partnered with digital platform developer eAswaaq Misr to manage, operate and market Egypt's inaugural online services platform for SMEs.
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Arma Group embarks on digital transformation journey powered by SAP
Partnership with SAP will see popular Egyptian brand leverage cloud solutions at escalated pace, while also co-innovating on new FMCG solutions.
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One Finance, CRIF Egypt team up to boost Egypt’s consumer financing services
This partnership secures access for One Finance to fully use CRIF's wide range of services.
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Fawry teams up with Infobip to boost electronic payment services
Fawry is an e-payment platform in Egypt, serving the banked and unbanked population.
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ValU partners with Telda
To offer instant cash redemption and installment solutions to users of “Sha2labaz” in the first-of-its-kind digital offering in the Egyptian market.
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First Abu Dhabi Bank Egypt launches ‘Access’ portal for electronic payments
The “Access” portal is the latest electronic payment solution that suits the needs of all business categories.
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Egypt’s Intella relocates headquarters to Saudi Arabia after KSA’s AI boom
Kingdom is becoming a hub for tech companies, says Intella CEO and founder Nour Taher.
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MFS Africa wins top fintech award in Egypt
The Fintech of the Year award also acknowledges MFS Africa’s dedication to transforming the financial sector in Africa.
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NileSat posts 2.8% YoY higher profits in Q1
NileSat is an Egypt-based public shareholding company.
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valU partners with digital real estate co-ownership platform Partment
The properties are fractionalized into up to eight parties, allowing each to own an equal share in the property value and spend 41 nights per year.
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Mastercard, GIZ Egypt, and ElRehla announce the launch of the third annual fintech retreat
Under the patronage of FinTech Egypt - an initiative by the Central Bank of Egypt - and the Financial Regulatory Authority.