FinTech News
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Google Wallet Arrives in Egypt January 2025
The platform’s integration within the Google Pay ecosystem allows it to function as a secondary digital payment tool in Egypt.
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Egypt’s Fincart secures pres-Seed round led by Plus VC
Founded in 2023 by Mostafa Elmasry and Nihal Ali, Fincart provides online retailers with access to a marketplace of delivery providers.
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Visa Brings Apple Pay to its Customers in Egypt
To pay in-store, customers simply double-click the side button and hold their iPhone or Apple Watch near a payment terminal to pay contactlessly.
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Egyptian fintech PayMint launches Meeza prepaid card
Founded in 2019, PayMint provides a wide range of financial services for both individuals and micro, small, and medium-sized enterprises.
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CBE extends exemption from transfer fees on InstaPay for 3 months
These services provide numerous benefits, including convenient and timely access to banking services anywhere.
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Valu issues LE 10 billion securitization bonds
Since launching the first securitization bond issuance in 2021, the company has continued to expand its financial services package.
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Exploring e-wallets in Egypt
Egypt recently launched Apple Pay services in the local market and announced that Google Wallet services will be available starting in 2025.
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CBE launches new service allowing instant global money transfers to Egypt
The Central Bank of Egypt (CBE) launched a new service on Monday that allows instant money transfers from anywhere in the world to Egypt.
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Paymob enables Apple Pay acceptance for its merchants in Egypt
The milestone marks a significant transformation in the country’s digital payments landscape following the recent launch of Apple Pay in Egypt.
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Google to launch Google Wallet app in 16 countries including Egypt in 2025
Google announced Saturday that it will launch its Google Wallet app in 16 countries, including Egypt, in 2025.
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Egypt’s first digital factoring license secured by FinTech oliv
According to FRA reports, the size of Egypt’s factoring industry in 2023 amounted to LE 44 billion, serving just 605 clients.
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CBE launches payment cards’ tokenization and Apple Pay service
The Central Bank of Egypt (CBE) announced Thursday the launch of payment card tokenization on mobile applications and the Apple Pay service.
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You can now use Apple Pay in Egypt with CIB cards
With this launch, the CIB aims to ease everyday transactions for its customers, providing them with a faster way to pay.
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NBE, Banque Misr, CIB launch Apple Pay activation trials
The National Bank of Egypt (NBE) launched Tuesday Apple Pay service activation trials for secure contactless payments.
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Contact Pay, eKhales expand partnership to offer PoS payment solutions
This partnership enables Contact customers across the country to conveniently settle their payments via eKhales’ expansive partners network of PoS.
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Egypt wins first place in Arab FinTech Challenge
Egypt's EZRAALI project wins first place in Arab FinTech Challenge in Dubai. 2nd consecutive win for Egypt.
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Egypt FRA launches 1st regulatory sandbox to support fintech
This is the first regulatory sandbox in the non-banking financial sector to foster startups' growth with innovative digital solutions.
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Egyptian Gulf Residents Can Soon Transfer Money to Egypt via InstaPay
Transfers will be exclusively received in Egyptian pounds, with fees determined by individual banks based on the currency and country of origin.
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Here are the InstaPay withdrawal limits
The Central Bank’s decision came due to the increasing number and value of transactions on the National Instant Payment System.
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InstaPay app issues urgent notice to its users regarding winter time
According to Law No. 24 of 2023, winter time in Egypt will begin at midnight on Thursday, October 31st.