MENA’s First Fintech Unicorn, Egypt-born MNT-Halan, Brings Its Ecosystem of Financial Solutions to the GCC, Starting with Halan Advance and Targeting 250,000 Customers in 2025. December 11, 2024 Dubai, UAE – MNT-Halan, Egypt’s leading fintech company and first unicorn, has entered the UAE market, marking a key milestone in its rapid expansion across the region. […]
Banque Misr launches Egypt’s first public digital auction in collaboration with ‘Belmazad’ platform
December 9, 2024: Egypt – Banque Misr has conducted Egypt’s first public digital auction to sell its real estate assets, marking a milestone in the adoption of innovative technologies in the banking sector. The auction, held in partnership with the Belmazad.com platform, represents a new era of transparent, efficient, and fair bidding, aligning with the […]
Contact Pay, eKhales expand partnership to offer PoS payment solutions in Egypt
This partnership enables Contact customers across the country to conveniently settle their payments via eKhales’ expansive partners network of PoS terminals. Contact Pay, a subsidiary of Contact Financial Holding, has expanded its partnership with eKhales, a digital payment platform under eFinance. The newly broadened collaboration will enable Contact customers to pay their installments and bills […]
Foodics is the official technology partner for Million Pound Menu to enhance the F&B sector
Ahmad Al-Zaini: Our goal is to support entrepreneurs in the F&B sector, and we are committed to providing the best solutions to help them grow and expand Ahmed Luxor: We aim to train contestants to use Foodics solutions and benefit from all their features Cairo, December 4, 2024: In line with its commitment to supporting […]
Bitcoin Surges Past $100,000 Cementing Role in Financial Mainstream
Bitcoin crossed the $100,000 threshold for the first time on Thursday, marking a significant milestone in its journey from a niche libertarian experiment to a mainstream financial asset. The historic rally reflects growing investor confidence in cryptocurrencies amid expectations of a crypto-friendly U.S. administration. The total market value of cryptocurrencies has nearly doubled in 2024, […]
Visa and SwypeX Partner to Boost Digital Financial Inclusion in Egypt
Cairo, Egypt – In an exclusive interview with CNN Economics, Malak El Baba, Executive Vice President of Visa Egypt, revealed that digital transactions currently account for only 5% of Egypt’s economy. El Baba emphasized the urgent need for digital financial solutions to support both individuals and businesses, highlighting Visa’s commitment to broader financial inclusion. This […]
eNovate and BELBAQY Join Forces to Drive Financial Inclusion in Egypt
Cairo, Egypt — In a landmark move toward enhancing digital transformation and financial inclusion in Egypt, eNovate, a subsidiary of eFinance Investment Group for Financial and Digital Investments, has announced a strategic partnership with Belbaqy, a pioneer in innovative micro-investment solutions. The partnership aims to introduce cutting-edge financial tools tailored to the needs of individuals […]
BanknBox Partners with Al Ahly Momken to Revolutionize Payment Acceptance in Egypt
Cairo, Egypt – December 2, 2024 BanknBox, a leading digital banking and payment solutions platform based in Cairo, has announced a strategic partnership with Al Ahly Momkn, a prominent e-payments and fintech company in Egypt. This collaboration aims to revolutionize payment acceptance services across the country through advanced technology and innovative solutions. The partnership focuses […]
Egypt-based Nowlun Secures $1.7 Million Seed Funding to Revolutionize MENA Logistics Industry
Middle East and North Africa, December 2024 — Nowlun, a digital freight forwarding platform disrupting the logistics industry in the Middle East and North Africa (MENA), has raised $1.7 million in seed funding. The funding round was led by Nama Ventures and A15, with participation from Sanabil 500 Global and prominent angel investors. The newly […]
Paymob and Homzmart Expand Partnership to Drive Digital Transformation in Egypt’s Furniture Market and Beyond
Cairo, Egypt – November 27, 2024: Paymob, the leading financial services enabler in the MENA region, and Homzmart, Egypt’s premier e-commerce platform for furniture, have signed a Memorandum of Understanding (MOU) to strengthen their strategic partnership. The collaboration aims to accelerate the digital transformation of Egypt’s furniture retail sector and explore regional expansion opportunities in […]
