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 […]
Riyadh, Saudi Arabia – February 2025 – AutoSoft Dynamics, a subsidiary of Constellation Software Inc. (CSI), has taken a significant step toward expanding its presence in Saudi Arabia by signing a teaming agreement with Azeemi Technologies. The agreement, formalized on the first day of the LEAP 2025 technology conference, aims to introduce cutting-edge banking solutions to the region, reinforcing […]
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 […]
Kuwait Finance House (KFH) Group has announced the official rebranding of Ahli United Bank – Egypt to Kuwait Finance House Bank – KFH Egypt, following its full acquisition of Ahli United Bank Group – Bahrain, as per an emailed press release. The bank has now fully transitioned to operating under Islamic banking principles as part […]
Cairo, Egypt: Mastercard announced a collaboration with Money Fellows, a mobile app for money circles, also known as ROSCA model (Rotating Savings and Credit Association) and Banque Misr to launch Money Fellows prepaid card in Egypt. This prepaid card will enable Money Fellows to offer financial planning, savings, and credit access to its users in Egypt. Driven […]