FinTech News
-
Fintech Firm Axis Launches Digital Payments Platform for Small Businesses
With axis, small businesses can “streamline their payments to employees & suppliers digitally.”
-
Egypt’s Paymob expands its footprint into Saudi Arabia
Saudi Arabia’s fintech sector will soon get a new player with Egyptian cashless services provider Paymob.
-
Network International launches ‘networkpay’
The networkpay service simplifies payments for merchants, enabling them to accept electronic payments through different channels.
-
Axis launches its digital payments platform for small businesses
axis has obtained the license from CBE for its open-loop mobile wallet, in partnership with Visa, the world leader in digital payments.
-
CBE’s financial sector cybersecurity center becomes Egypt’s first to join global cybersecurity forum
EG-FinCIRT's achievement is in line with the Central Bank's strategic focus on strengthening cyber security within the financial and banking sector.
-
EIB reinforces investment in Egyptian Fintech Sector
The visit also included prominent private equity leader and key investor in Money Fellows, Sawari Ventures.
-
Egypt’s Fintech Balad Secures Seven-Figure Pre-Seed Fund Round Led by Acasia Ventures
The investment will be used to launch Balad’s remittance platform, develop its technology, hire new team members, obtain required licenses and more.
-
Proparco, a French firm, invests $5 million in Egypt’s fintech sector
DisrupTech Ventures wants to give seed funding to up to 28 startups, with a main focus on those that offer services related to financial technology.
-
Egypt grants Exits MENA securities promotion, underwriting license
Exits MENA, an Egypt-based fintech investment platform, was granted a securities promotion and underwriting license from the FRA.
-
11 startups in MENA selected for the financial solutions for migrants accelerator program
These startups were selected from an applicant pool of 51, and consist of startups from Egypt, Jordan, Lebanon, the United Arab Emirates, and Qatar.
-
Egypt dominates Forbes Top 30 Fintech Companies 2023 List
8 Egyptian Fintech companies are on Forbes' list of 30 top Fintech companies in 2023, here they are with a brief history of each.
-
Egypt dominates Forbes Top 30 Fintech Companies 2023 List
8 Egyptian Fintech companies are on Forbes' list of 30 top Fintech companies in 2023, here they are with a brief history of each.
-
Al Tadamun Microfinance Foundation launches its first mobile branch in Egyptian market
Al Tadamun Microfinance Foundation provides many diverse financing products that suit different segments of society.
-
InstaPay now allows transactions from outside Egypt
InstaPay now allows the use of InstaPay application and financial transactions in real time outside Egypt through its app.
-
e-finance signs deal with Saudi Thiqah to expand business in Egypt
This cooperation will build on expanding e-finance’s horizons in international markets.
-
VC Firm Launches $16m Fund Focused on Egypt’s Fintech Startup Ecosystem
Camel Ventures is backed by institutions in the fintech space and the financial services arena in Egypt – dfin Holding and Al Ahly Capital Holding.
-
SAS Analytics, AI accelerate digital transformation of Egypt’s financial services
SAS, a leader in analytics, hosted an exclusive gathering of financial services key players, experts, and decision-makers in Cairo recently.
-
‘Pakistan should replicate Egyptian model to spur digital payments’
The adoption of digital payments has been slow, despite the growing numbers of financial inclusion, particularly in digital payments acceptance.
-
20.3M transactions worth LE112.7B conducted via “InstaPay” in a year
70 percent of the transactions were conducted after the official working hours, and 30 percent during the official working hours.
-
Egypt’s Faisal Islamic Bank taps iGCB to power its digital banking services
The bank is set to deploy iGCB’s cloud-native CBX Retail (CBX-R) solution to modernise and expand its offerings.