Justyol Secures Angel Bridge Funding Ahead of Planned Series A in Mid-2026

Justyol Secures Angel Bridge Funding Ahead of Planned Series A in Mid-2026

CASABLANCA, MOROCCO – Justyol, the cross-border e-commerce and logistics platform connecting Turkish and international suppliers to the Moroccan market, has secured angel backed bridge funding as it prepares for a planned Series A round in mid-2026. The bridge funding comes from a strategic angel investor and is focused on accelerating execution across logistics, supply chain […]

Arab Bank Leads Payment Operations Transformation as the First Bank in the Middle East to Adopt PayTic

Arab Bank Leads Payment Operations Transformation as the First Bank in the Middle East to Adopt PayTic

PayTic, a leading fintech modernizing and automating day-to-day payment operations for banks, fintechs, and processors, today announces that Arab Bank has become the first Bank in the Middle East to adopt its platform — marking a landmark moment in the region’s payment infrastructure evolution. Founded in 2020, PayTic provides a no-code, processor-agnostic platform that automates […]

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-based Fintech NowPay Raises $20M to Expand Shariah Compliance Payroll Financial Services Across Saudi Arabia

Egypt-based Fintech NowPay Raises $20M to Expand Shariah Compliance Payroll Financial Services Across Saudi Arabia

NowPay, a Cairo-based fintech focused on payroll and employee financial wellness, has announced its entry into the Saudi market through NowAccess, a newly established joint venture with Tas’heel, the consumer finance arm of United International Holding Company. The partnership follows an MoU signed by the two companies in early 2025 and comes amid accelerating demand […]

Egypt and UK-Based KNOT Technologies Raises $1 Million Pre-Seed Round Led by A15

Egypt and UK-Based KNOT Technologies Raises $1 Million Pre-Seed Round Led by A15

London / Cairo – Egypt- and UK-based online ticketing platform KNOT Technologies has raised $1 million in a pre-seed funding round led by venture capital firm A15, as the company looks to scale its AI-native ticketing and access control infrastructure globally. Founded in London in 2025 by Ahmed Abdalla and Hussein ElBendak, KNOT is developing […]

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 […]

Al Ahli Bank of Kuwait - Egypt and Mastercard announce strategic collaboration to advance digital innovation in Egypt

Al Ahli Bank of Kuwait – Egypt and Mastercard announce strategic collaboration to advance digital innovation in Egypt

Cairo, Egypt: Al Ahli Bank of Kuwait – Egypt (ABK-Egypt) and Mastercard announce a strategic collaboration, unlocking a new phase of cutting-edge consumer, commercial, and digital payment solutions. This collaboration reinforces Mastercard’s role as ABK-Egypt’s trusted advisor while advancing the bank’s digital solution offering for cardholders in Egypt. Accordingly, Mastercard will equip ABK-Egypt with advanced digital solutions […]

AmwalPay Announces a Strategic Partnership with Bank Nizwa

AmwalPay Announces a Strategic Partnership with Bank Nizwa

AmwalPay has announced a strategic partnership with Bank Nizwa, reflecting a broader shift in how banks approach the enablement of digital payment services within the Sultanate of Oman. Under this partnership, AmwalPay enables Bank Nizwa to offer digital payment services to its merchants under the bank’s own brand, identity, and commercial framework. Bank Nizwa retains […]

Egypt-based FitXpert secures seven-figure backing to scale fitness and nutrition SaaS platform

Egypt-based FitXpert secures seven-figure backing to scale fitness and nutrition SaaS platform

Egyptian SaaS company FitXpert has secured a seven-figure strategic investment from Foras Investment, marking the start of a new growth phase as the company prepares to scale its platform and expand across regional markets. The investment was completed under the 0107 Invest initiative and reflects growing investor appetite for vertical SaaS businesses with proven infrastructure […]