Valu proudly embraces this innovative step toward its listing, marking a significant turning point in its journey. The brand name Valu has become synonymous with “BuyNow, Pay-Later” in Egypt. This achievement exemplifies EFG Holding’s profound commitment to innovation and value creation for its shareholders, further strengthening Valu’s position as a pivotal player in Egypt’s fintech […]
Egypt – Bokra, a rising fintech company, has outlined its future plans and strategic vision, reinforcing its commitment to financial inclusion and innovation in Egypt’s fintech sector. The company, which provides Sharia-compliant investment solutions, aims to empower individuals and small to medium-sized enterprises (SMEs) through diversified financial products. Bokra’s portfolio includes investments in real estate, […]
[Cairo, February 9th, 2025] – Balad, a leading fintech company specializing in cross-border payments, proudly announces that it is the first Egyptian remittance aggregator to go live in Egypt. This milestone marks a significant expansion of Balad’s capabilities, enabling seamless, efficient, and compliant money transfers for international remittance service providers and financial institutions looking to serve […]
Cairo, Egypt – Giza Systems, a leading digital transformation enabler in the MENA region, has signed a Memorandum of Understanding (MoU) with Egypt Ventures, a government-backed venture capital firm. This strategic collaboration is set to foster innovation in the healthcare and fintech sectors by connecting Egyptian startups with Giza Systems’ vast expertise in digital transformation […]
Cairo, Egypt – Just2Pay and Swypex, two leading fintech companies specializing in financial solutions, have announced a strategic partnership aimed at enhancing financial operations and providing innovative, secure solutions for businesses in Egypt. Under this partnership, Just2Pay’s advanced business management systems will be integrated with Swypex’s cutting-edge payment solutions, offering businesses a seamless and efficient […]
Cairo, Egypt – Sylndr, Egypt’s leading platform for buying and selling used cars, in collaboration with the TRU App, has announced the launch of “Sylndr Swift Powered by TRU,” the country’s first fully-integrated digital car financing platform. By combining advanced digital application procedures with certified vehicles from Sylndr, the new platform aims to redefine the […]
DUBAI, UAE: Paymob, the leading financial services enabler in MENA-P, announces it has been granted the Retail Payment Services License by the Central Bank of the UAE (CBUAE) after successfully meeting all regulatory conditions and requirements through a rigorous approval process. The license authorizes Paymob to offer merchant acquiring, payment aggregation services, and domestic fund transfers […]
Arab Advisors Group released a new research report exploring the growing fintech market in the Arab World. The report expands on the current fintech landscape in the Arab region, covering the fintech regulatory frameworks, licensing, legality of cryptocurrency, fintech goals and initiatives, challenges and governmental vision for the sector in 19 Arab countries. Moreover, Arab Advisors […]
January 3, 2025 EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA) announced today that its investment banking division successfully concluded advisory on a future cash flow securitization issuance worth EGP 500 million for Badr University in Assiut (BUA), one of CIRA’s flagship universities. This […]
These changes are part of the CBE’s ongoing efforts to enhance financial inclusion and facilitate greater access to banking services across various sectors. December 30, 2024 The Central Bank of Egypt (CBE) has announced an increase in the maximum transaction limits for financial inclusion accounts, which apply to withdrawals, outgoing transfers, debit operations, and purchases. […]