Granite receives financial regulatory approval from FRA to launch USD fixed income fund

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 […]

Banque Misr & Modupay announce ATM direct integration to power fintech card services across Egypt

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 […]

Valmore Holding Reports 24% Revenue Growth to $685 Million in FY25, 24% YoY Growth

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 […]

Souhoola receives initial approval to issue its reloadable prepaid card in partnership with Banque Misr, Visa, and Modupay

Souhoola receives initial approval to issue its reloadable prepaid card in partnership with Banque Misr, Visa, and Modupay

El-Shanwany: The initial approval represents an important strategic milestone in our digital transformation journey and enables customers to fully control their spending while benefiting from a flexible and secure card. Mohamed Gamal: Our collaboration with Banque Misr, Visa, and Modupay reflects our ongoing commitment to delivering reliable and secure solutions that meet customers’ expectations and […]

Mirsad AI Launches AI-Native AML Compliance for GCC Financial Institutions, Licensed with Qatar Financial Centre

Mirsad AI Launches AI-Native AML Compliance for GCC Financial Institutions, Licensed with Qatar Financial Centre

Mirsad AI is the first AI-native AML compliance engine built for GCC financial institutions and regulatory authorities — and one of the first of its kind worldwide — trained on both fiat and blockchain transaction data, and registered with the Qatar Financial Centre (QFC). Why it matters now: The global AML market is valued at […]

Bosta and Mastercard announce strategic collaboration aimed at empowering SMEs and supporting e-commerce growth in Egypt

Bosta and Mastercard announce strategic collaboration aimed at empowering SMEs and supporting e-commerce growth in Egypt

Cairo, Egypt, (10 FEB 2026): Bosta, a key enabler of e-commerce, has announced a strategic collaboration with Mastercard to support small and medium-sized enterprises in Egypt by delivering integrated solutions that aim to accelerate e-commerce growth in line with evolving market needs. Through this collaboration, Mastercard and Bosta will introduce a dedicated discount program for […]

MNT-Halan Partners with Visa to Expand Its Prepaid Card Offering and Accelerate Digital Payments in Egypt

MNT-Halan Partners with Visa to Expand Its Prepaid Card Offering and Accelerate Digital Payments in Egypt

Halan Visa Card to boost prepaid and instant credit access, as Halan issues over 1 million cards in 2025 and targets 2.5 million in 2026 Cairo, 8 FEB 2026: MNT-Halan, the leading and fastest growing fintech company in Egypt and the MENA region, has announced a strategic partnership with Visa, a world leader in digital […]

MDP rebrands as Modupay, marking the next chapter in its payments platform evolution

MDP rebrands as Modupay, marking the next chapter in its payments platform evolution

The rebrand represents a clearer expression of what the company has already built and where it is headed next. Image Courtesy: Modupay. Cairo,  MDP, the leading regional payments technology provider, has announced its rebrand to Modupay, reflecting the company’s growth into a modular, end-to-end payments platform serving banks, fintechs, telcos and non-banking financial institutions across […]

Central Bank of Egypt (CBE) launches Soft POS service for contactless mobile payments

Central Bank of Egypt (CBE) launches Soft POS service for contactless mobile payments

 The Central Bank of Egypt (CBE) has launched a contactless electronic payment acceptance service through smart devices, as per a statement issued on February 1st. This will allow merchants to accept payments using mobile phones or tablets via Soft POS applications. The step supports the CBE’s efforts to reduce cash usage, expand financial inclusion, and […]

Egypt: Contact, Al Safy Group partner to launch integrated FinTech-powered financing platform

Egypt: Contact, Al Safy Group partner to launch integrated FinTech-powered financing platform

Egypt – Contact, a leading provider of non-banking financial services in Egypt, has signed a memorandum of understanding with Al Safy Group to establish a strategic partnership aimed at enhancing the financing experience through innovative, technology-driven financial solutions. The partnership introduces, for the first time in the Egyptian market, a financing model that combines Contact’s […]