Cairo, Egypt – AliExpress, an international online retail marketplace, announced today a significant expansion in its payment options for shoppers across Africa to elevate online shopping in the continent. This initiative follows AliExpress’ introduction of various local mobile payment methods last year, which was welcomed by consumers seeking better access to global products. Starting this March, […]
Cairo, March 12, 2025: MIDBANK has announced the signing of a long-term partnership agreement with Visa, the global leader in payment technology and digital solutions. This agreement allows MIDBANK to offer the latest digital payment technologies to meet customer needs and provide innovative products and services that cater to various segments. The partnership aims to […]
Cairo, Egypt: Fawry, Egypt’s leading fintech company, has signed a pioneering Mutual Collaboration Agreement (MCA) with Ottu, the leading Online Payment Management System (OPMS) in the Middle East. Together, Fawry and Ottu aim to redefine Egypt’s online payment landscape, empowering businesses with innovative and efficient payment solutions, with Fawry being Ottu’s first partner in Egypt. This […]
Malak El Baba: “We are committed to supporting Egypt’s digital payment ecosystem and ensuring customer data protection, in line with the country’s efforts to achieve financial inclusion and economic growth.” Tap-to-Add Card enables cardholders to seamlessly add their cards to digital wallets by simply tapping them on their mobile device Cairo, 9 March 2025 –Visa […]
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, Egypt – Visa, a global leader in digital payments, has announced a strategic partnership with MDP to empower fintech companies and non-banking financial institutions across Egypt. This collaboration aims to enhance financial innovation, support market growth, and enable seamless financial services in the region. The partnership underscores the growing significance of inclusiveness and technological […]
Visa has announced the appointment of Michael Berner as the new Head of Southern and Eastern Africa (SEA), where he will oversee operations across 24 markets. Berner will report to Andrew Torre, Visa’s Regional President for Central and Eastern Europe, Middle East, and Africa (CEMEA), and will remain a key member of the CEMEA leadership […]
Egypt – XPay, a leading fintech startup, has entered a strategic partnership with Huawei Cloud Services to enhance digital payment solutions for businesses across Egypt, as per an emailed press release. The collaboration aims to strengthen XPay’s role in Egypt’s digital payment sector by using Huawei’s advanced cloud technology. “Our recent performance demonstrates the trust businesses […]
[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 […]
Egypt – Fawry for Banking Technology and Electronic Payment will launch the money transfer service soon via ‘myfawry’ app after obtaining the approval of the Central Bank of Egypt (CBE), CEO Ashraf Sabry told Ashraq Business. The EGX-listed firm intends to forge partnerships with key companies to expand business in the Saudi and Emirati markets, the […]