FinTech News
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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.
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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.
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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.
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‘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.
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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.
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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.
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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.
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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.
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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.
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'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.
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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.
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ValU and Azimut partner to launch AZ valU Fund
A money market fund allowing individuals to realize compound daily returns.
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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.
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Paymob and Shahid expand VOD digital payments in Egypt
Egypt-based fintech Paymob has partnered with streaming platform Shahid to enable the latter’s customers to pay for subscriptions via e-wallet.
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CBE raises maximum limit of transactions value through InstaPay mobile app
The CBE noted that more than 16 million instant money transfer transactions through more than 1.8 million customers.
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Fawry cooperates with XPay to provide the 'FawryPay Reference code' service
Fawry provides 'FawryPay Reference code' to 'XPay' customers and merchants in the Egyptian market.
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Fawry & BOTIM Enable Digital Bill Payments for Egyptian Expats in UAE
The first-of-its-kind agreement is set to make life in the UAE simpler for Egyptian expats.
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Egypt’s Copal and Mastercard launch family payment app
The app is designed to give parents and custodians control over young family members’ funds, allowing them to easily track and manage finances.
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AMAN Holding announces 2022 business milestones & future plans for 2023
AMAN Holding future plans aim to provide a more inclusive bundle of non-banking financial products to promote financial inclusion and cashless economy
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Nice Deer collaborates with Misr Finance
Limitless, a subsidiary of Eva Pharma and Estsharion Medical Care signed to adopt the Nice Dear platform to manage their insurance systems.