FinTech News
-
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.
-
Paymob Teams With IKEA Egypt to Offer More Ways to Pay
Consumers will get the convenience of paying for purchases over time and gain more control over their spending.
-
Exoskeleton Startup Cosmos Bionics Strikes a Deal on Shark Tank Egypt
In addition to successfully securing an offer, the Cosmos Bionics presentation introduced lower-body exoskeleton technology to North Africa.
-
Egypt launches Financial Technology Solutions Support Center "CORBEH"
The Stock Exchange decided to establish this center within its headquarters in the Smart Village and to provide all the necessary data and resources.
-
'Mngm' platform for precious metals cooperates with 'Fawry' to provide electronic payment services
Through mngm, clients can accumulate their gold holdings with minimum purchases of 0.1 grams.
-
Egypt seeks to enhance cooperation with India in financial inclusion, fintech
Indian companies are among the largest foreign investors in Egypt, relations between the 2 countries witnessed great development over the past years.
-
ValU and Azimut partner to launch AZ valU Fund
A money market fund allowing individuals to realize compound daily returns.
-
Mastercard extends partnership with Banque Misr to enhance digital payments portfolio in Egypt
The partnership will enable the integration of more Egyptians into the formal economy while driving the shift to a cashless ecosystem.