Cairo: Abu Dhabi Commercial Bank – Egypt (ADCB Egypt), a subsidiary of ADCB Group, one of the UAE’s leading banks, announced today that it has entered into a strategic partnership with EFG Hermes, an EFG Holding company, and the leading investment bank in the Middle East and North Africa (MENA), to launch the bank’s first mutual […]
Blnk, a fintech company on a mission to enable financial inclusion through rapid point-of-sale financing, has raised $12.5 million in equity funding and $24.6 million in local debt facilities. The funding will scale its consumer finance operations in Egypt, with a focus on onboarding women and the underbanked, by offering flexible loan sizes for a […]
Cairo, Egypt – MNT-Halan, Egypt and MENA’s first fintech unicorn, announced the successful first closing of an investment round led by Al Ahly Capital, the investment subsidiary of the National Bank of Egypt (NBE), following the completion of all necessary approvals from the relevant regulatory authorities. The transaction marks a significant milestone for both the company […]
From Bahrain and the UAE to Saudi Arabia and Oman, how Gulf payment companies have helped build the merchant acquiring, POS, and payment gateway ecosystems that support today’s digital economy. Over the past decades, the Gulf Cooperation Council (GCC) has experienced significant growth in digital payments, driven by economic expansion, e-commerce adoption, and the region’s […]
Dr. Bahaa Salem: New License Supports the Group’s Ambitions to Expand Across Investment and Financial Services Cairo, Egypt – Al Salem Group has obtained approval from the Financial Regulatory Authority (FRA) to engage in the activity of holding companies, supporting its plans to expand in establishing companies that issue financial securities and to enhance its investments […]
Cairo, Egypt – First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, have entered into a strategic partnership agreement with Network International, a leading fintech company across the Middle East and Africa (MEA). This alliance aims to provide FABMISR with a complete range of payment processing services, accelerating the bank’s digital […]
The deal aims to Build MENA’s First Unified Digital infrastructure for innovation, entrepreneurship, and startups Ambitious expansion roadmap targeting 5 new countries by the end of 2026 Cairo, Egypt — May 18, 2025 — GrowthLabs, a leader in digital ecosystem building, today announced its acquisition of Startup Gate, a hub connecting founders, investors, and mentors. […]
Cairo: Valu, Egypt’s leading financial technology powerhouse, announced the signing of a strategic partnership with Fawry, Egypt’s leading fintech and electronic payments company, to introduce Valu services as a new flexible payment and financing option on the myfawry app. This collaboration reflects Valu’s ongoing commitment to expanding its digital financing solutions and enhancing customer experience by […]
Cairo, Egypt – May 2026 – Byit, an Egypt born proptech startup, has announced its expansion into the UAE alongside the launch of a new suite of AI powered solutions. These tools are designed to empower real estate brokers and enable more efficient cross border property transactions. The move comes just months after the strategic […]
Valu’s expansive merchant network stands to be among the primary beneficiaries, gaining direct access to tailored financing solutions through the platform they already trust. Valu, Egypt’s leading financial technology powerhouse, has received regulatory approval from the Financial Regulatory Authority (FRA) to establish a dedicated Small and Medium Enterprises (SME) Financing business, a strategic move that […]