Cairo, Egypt – September 23rd, 2025 – intella, the deep-tech leader in Arabic-first speech intelligence, and Visa, a world leader in payments technology, have joined forces in a dynamic, collaboration-driven initiative to revolutionize conversational AI for financial institutions across the Middle East and North Africa. This strategic partnership goes beyond conventional models, to co-developing innovative […]
Cairo: Valu, MENA’s leading universal financial technology powerhouse, announced today its partnership with MobileMasr, Egypt’s first tech-driven platform for second-hand electronics, to launch the first peer-to-peer Buy-Now, Pay-Later (BNPL) service for pre-owned smartphones in Egypt. This first-of-its-kind service allows individuals to securely buy and sell mobile phones directly from one another using Valu’s flexible payment plans […]
All users can enjoy Valu’s full range of financial and lifestyle solutions instantly. Cairo: Valu, MENA’s leading universal financial technology powerhouse, announced today the launch of its digital onboarding feature on noon, the region’s largest digital marketplace. This milestone marks the first licensed Buy-Now, Pay-Later (BNPL) transaction in Egypt executed after the digital onboarding under the […]
Cairo – The Central Bank of Egypt (CBE) has announced plans to launch card tokenization services on mobile applications running on Android devices, expanding the country’s digital payments infrastructure. The move follows the earlier rollout of the service on Apple Pay, which marked the first phase of Egypt’s card tokenization initiative. According to the CBE, […]
Egypt – The value of transactions conducted through mobile wallets in Egypt reached EGP 943.4bn during the second quarter (Q2) of 2025, according to the National Telecom Regulatory Authority (NTRA). The div reflects a 72% increase compared to EGP 548.6bn in the same quarter of 2024. The number of financial transactions executed through mobile wallets […]
Egypt’s banking sector is accelerating digitization, and credit is a central part of that plan. AdalFi’s updated numbers show why institutions are adopting AI-based underwriting. The company’s partners have crossed $200M in lending with defaults steady at 0.2%. Its AI engine has processed 1.2B+ transactions, evaluated over 30M borrowers and keeps improving from 50K+ monthly […]
AdalFi has added two senior leaders to support rapid regional growth and responsible lending. Ian Read becomes Head of Credit Excellence and Emre Unlusoy joins as Head of Sales for MEA. The appointments align with Egypt’s push to digitize financial services and broaden access to credit for consumers and SMEs. Read has more than 30 […]
Cairo – GlobalCorp Financial Services has successfully completed two significant securitization transactions totaling EGP 4.91 billion, marking a pivotal moment in the company’s growth trajectory. The completion includes the company’s seventh leasing securitization portfolio valued at EGP 2.32 billion and its inaugural mortgage finance securitization portfolio worth EGP 2.59 billion. Both transactions demonstrated exceptional market reception, […]
Cairo, Egypt – August 27th, 2025, Egypt’s first incentivized goal-based investment platform, has officially launched after closing the pre-seed funding round led by 4DX Ventures, with participation from Plus VC and a group of global angel investors. The company announces obtaining its Portfolio Management License from the Financial Regulatory Authority (FRA), enabling it to directly […]
The milestone positions onebank as a pioneering player in Egypt’s financial sector, advancing national digital transformation, expanding financial inclusion, and cementing Egypt’s role as a leader in digital banking innovation. Egypt – Misr Digital Innovation has received approval from the Central Bank of Egypt (CBE) to transition into onebank, the country’s first fully digital bank, […]