Cairo – Telda, Egypt’s leading digital financial platform, has officially announced the launch of its securities investment service, marking a strategic evolution toward a fully integrated financial ecosystem. The new service enables users to invest directly in the Egyptian Stock Exchange (EGX) and various investment funds through the app, eliminating the need for traditional brokers or […]
Beltone secures initial FRA approval for ‘Fadda’, Egypt’s first silver investment fund with daily cumulative returns
Cairo – Beltone Asset Management has secured initial approval from the Financial Regulatory Authority (FRA) to launch “Fadda”, the Beltone Evolve Silver Investment Fund with Cumulative Daily Return, marking the introduction of Egypt’s first-ever silver-focused investment fund and a key step in expanding the country’s alternative investment landscape. The fund is designed to offer both individual and […]
Vodafone Egypt Partners with TapTap Send to Enable Instant Cross-Border Transfers to Vodafone Cash Wallets
Cairo: Vodafone Egypt has announced a strategic partnership with TapTap Send, one of the world’s leading international remittance platforms, enabling instant and secure money transfers from more than 30 countries directly to Vodafone Cash wallets in Egypt. The partnership aligns with Vodafone Egypt’s strategy to simplify digital payments and services, while reinforcing Vodafone Cash’s position as […]
Basata enables cash-in and cash-out for all mobile wallets across 120,000 points of sale
Cairo: Basata Holding for Financial Payments S.A.E, a leading fintech company specializing in digital payments, has announced the launch of a new service aimed at facilitating users’ daily financial transactions by expanding its cash-in and cash-out services across its point-of-sale network to include all mobile wallets, after previously being limited to Vodafone Cash only. This move reflects […]
Granite receives financial regulatory approval from FRA to launch USD fixed income fund
Cairo, Egypt – Granite Financial Holding, a digitally-enabled asset management company, announced that it has received approval from the Financial Regulatory Authority (FRA) to launch a new USD denominated Fixed Income Fund.This step reflects Granite’s commitment to providing innovative and diverse tools for investors within the CashTech sector and contributing to boosting the growth of Egypt’s […]
Karm Holding secures EGP 70mln shariah-compliant financing from Banque Misr to expand Cairo 3A project
Cairo, Egypt – Venus, a subsidiary of Karm Holding, has secured Shariah-Compliant financing worth EGP 70 million from Banque Misr to support the expansion of the Cairo 3A project; bringing the total financing obtained from Banque Misr for the project to EGP 154 Million. The funding will be directed toward scaling up the project’s energy infrastructure, with a […]
Banque Misr & Modupay announce ATM direct integration to power fintech card services across Egypt
Cairo, Egypt — Modupay, the leading payments tech enabler across the Middle East and Africa, has announced a significant advancement in its strategic collaboration with Banque Misr, one of Egypt’s most established and trusted financial institutions. Through a newly completed ATM direct integration, FinTech cards sponsored by Banque Misr and processed on Modupay’s platform can now […]
Morocco’s Weego Raises $1.1mln to Scale Mobility Solutions Across Africa
Moroccan–Senegalese mobility startup Weego has raised $1.1 million in a funding round led by Azur Innovation Fund to expand its mobility-as-a-service (MaaS) platform and accelerate its growth across African markets. Founded in 2020 by Saad Jittou and Mor Niane, the company operates a multimodal mobility application that integrates various transportation options into a single platform. […]
Valmore Holding Reports 24% Revenue Growth to $685 Million in FY25, 24% YoY Growth
Cairo: Valmore Holding (VLMR.CA and VLMRA.CA on the Egyptian Exchange and VALMORE.KW on Boursa Kuwait), one of the MENA region’s leading investment companies, reported today its consolidated results for the quarter and year ended 31 December 2025. Revenues grew 24% year-on-year (y-o-y) to reach USD 685 million for 2025, driven by strong top-line growth across the […]
Egypt-based Beltone Holding launches Growth-Stage Private Equity Platform
Beltone Holding is expanding its investment platform with the launch of its Private Equity platform, further strengthening the Group’s multi-stage investment strategy and reinforcing its commitment to supporting startups from Pre-Seed to Pre-IPO. Building on the strong track record established by Beltone Venture Capital in backing high-growth startups at early stages, the new platform represents […]
