FinTech News
-
Bitget Wallet witnesses 300 % growth in MENA
Countries in the MENA region such as Egypt and Saudi Arabia are among the top 15 countries for Bitget wallet downloads globally.
-
Beltone Launches $100M Private Credit Platform for Egyptian Exporters
BIH is looking to establish a comprehensive facilitatory platform to aid the growth prospects of the Egyptian economy.
-
Egyptian fintech MNT-Halan lands $120M from Apis Partners, DisrupTech and others
More than 70% of Egypt’s young and fast-growing population of over 100 million is financially underserved, despite mobile penetration exceeding 90%.
-
Egypt-Based Fintech Waffarha Raises Seven-Figure Seed Round
With this funding, Waffarha aims to bolster its technological infrastructure, expand its team and broaden its reach into KSA.
-
Egypt's Fawry private offering 15.9 times oversubscribed on stock exchange - statement
Investment bank EFG Hermes said the share price was 6.46 Egyptian pounds ($0.3874) per share.
-
Valu Empowers ESLSCA Students with Flexible Payments Solutions
As part of this partnership, Valu will fully fund two full scholarships for exemplary students based on a mix of criteria.
-
Egypt's startup deals hit 129 companies securing over $1M
This initiative, aimed at nurturing entrepreneurship and assisting startups in Upper Egypt, has successfully nurtured a total of 116 companies.
-
Egypt "Most Represented" in Forbes' Middle East’s Fintech 50 List
Egypt is the most represented on the list with 13 companies, followed by the UAE and Saudi Arabia with 11 companies each.
-
Egypt central bank launches new initiative for supporting FinTech-enabled woman entrepreneurs
It provides women entrepreneurs with intensive training sessions and workshops on different fields, directing them to adopt innovative FinTech.
-
Mobile financial services poised for surge in users and revenue, says new report
The report surveyed 46 senior decision-makers from mobile network operators (MNOs) across 35 countries.
-
Access by FABMISR, Drive Finance unite to redefine payment solutions in Egypt
The alliance is thoughtfully designed to accommodate the monthly instalments of Drive Finance customers.
-
Egypt’s MoneyHash secures $4.5m investment to boost payment plan for MENA merchants
Nader Abdelrazik, MoneyHash’s CEO, emphasizes the uniqueness of their position, with 10% of all MEA payments being digital.
-
Fawry cooperates with LA Market to empower local brands in Egypt
As the first choice in the electronic payments market, "Fawry" seeks to support women empowerment initiatives within the region.
-
Egypt’s Instapay Breaks New Ground with Interactive 3D Advertising
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.
-
CBE approves raising Vodafone’s share in Basata to 20%
The Central Bank of Egypt has approved raising the share of Vodafone Egypt at the e-payment services provider Basata Holding for Financial Payments.
-
End-to-end payment provider Tafweela launches in Egypt
Tafweela, an end-to-end payment ecosystem targeted at corporate fleets, announced on Tuesday its launch in the Egyptian market.
-
Egypt Poised to Become the Next Digital Payments Leader in the Middle East after UAE
Mastercard aims to revolutionize Egypt's digital payments, targeting the $20.6 billion market.
-
Mastercard & Emirates NBD to boost digital banking in Egypt
Mastercard has announced a strategic partnership with Emirates NBD-Egypt to elevate the digital banking experience for customers.
-
Visa launches second phase of Africa Fintech Accelerator programme
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’s Paymob, Mastercard partner to boost e-payments in MENA
Egypt-based financial services company Paymob has partnered with global e-payment giant Mastercard to expedite the acceptance of digital payment.