Cairo, Egypt – Nice Deer, a leading innovator in Egypt’s health insurance technology (InsurTech) sector, proudly announces it has received official approval from the Financial Regulatory Authority (FRA) to establish Nice Deer for Financial Solutions Egypt’s first fully digital non-banking financial institution (NBFI) dedicated to providing factoring services for deferred medical insurance claims. This regulatory milestone enables Nice Deer to offer real-time, structured financing to […]
Cairo, Egypt – Flend, a Financial Regulatory Authority (FRA)-licensed digital financing platform focused on Egypt’s underserved small and medium-sized enterprises (SMEs), has successfully raised USD 3 million in a seed funding round comprising both equity and debt. The equity portion of the round was led by Egypt Ventures, with participation from Camel Ventures, Sukna Ventures, […]
With support from Plus VC and global angel investors, Egypt’s first incentivized, goal-based saving platform leverages behavioral tech and embedded finance to help users turn life goals into financial outcomes Cairo/MENA: July 15, 2025: PALM, Egypt’s first fintech startup offering incentivized goal-based saving, has announced today that the company has successfully closed its pre-seed funding […]
LemFi, a leading international payment services startup based in London, with a strong presence across the United States, Canada, the United Kingdom, and Europe, has today announced the launch of its low-cost, reliable international payment services to Egypt. This strategic expansion positions it to provide its service offerings to Egypt’s massive diaspora community, building on […]
Egypt-based property technology (PropTech) platform Nawy has acquired a majority stake in SmartCrowd, a Dubai-based fractional property investment platform, marking its entry into the UAE market and broader GCC expansion. Acquisition details However, the company did not disclose other details, including the cost of acquisition. Backed by e&, Nawy’s latest move follows its $52 million Series A fundraising program, […]
AgriCash, the Egypt-based agri-fintech company transforming agricultural finance through digital innovation, has announced the successful close of its seed funding round. Alex Angels led the round, and a group of strategic investors also participated. While the investment amount remains undisclosed, the fresh capital will support AgriCash’s plans to scale its operations within Egypt and expand […]
Cairo: Contact Financial Holding, Egypt’s leading non-banking financial services provider, announced that Contact Creditech, the Group’s digital consumer finance arm, has obtained a fintech license from the Financial Regulatory Authority (FRA) to offer fully digital consumer finance services through its flagship application, “Contact Now.” Contact Now delivers a seamlessly integrated digital financing experience that covers every […]
Cairo, Egypt. Contact Financial Holding, Egypt’s leading non-banking financial services provider, has announced a strategic partnership with noon Payments, the integrated online payment gateway powered by noon. This collaboration will be implemented through Contact’s AI-powered digital application, ContactNow, and its leading payment solutions provider, Contact Pay. The partnership aims to enhance Egypt’s digital payment ecosystem and expand access to seamless, […]
Cairo – Aria Ventures, a specialized venture studio focused on building startups, has announced the launch of a 50 million EGP investment to support promising companies in the Deep-Technology sector. This initiative aims to bridge the gap between pioneering research and market applications, enabling deep technological innovations to grow and flourish. Aria Ventures aims to increase this […]
Nowlun, the digital logistics platform that simplifies global freight in the MENA region by helping businesses move full container loads (FCL) and bulk cargo with speed and simplicity—while keeping them informed with real-time tracking and instant updates—has closed its seed round at $2.3 million following a $600K extension led by Ingressive Capital, a prominent African […]