eNovate and BELBAQY Join Forces to Drive Financial Inclusion in Egypt

Cairo, Egypt — In a landmark move toward enhancing digital transformation and financial inclusion in Egypt, eNovate, a subsidiary of eFinance Investment Group for Financial and Digital Investments, has announced a strategic partnership with Belbaqy, a pioneer in innovative micro-investment solutions. The partnership aims to introduce cutting-edge financial tools tailored to the needs of individuals and to boost economic growth through advanced digital infrastructure.

Revolutionizing Savings and Investments

The collaboration seeks to expand access to investment opportunities through Belbaqy’s innovative platform, which allows users to convert small change from everyday transactions into diversified investment options, including:

  • Fixed Income Instruments
  • Stocks
  • Precious Metals

Leadership Insights

Osama El-Shafei, Founder and CEO of Belbaqy, highlighted the transformative potential of the partnership, stating:

“At Belbaqy, we strive to offer innovative solutions that make a real difference in people’s lives while promoting financial literacy and inclusion. Our partnership with eNovate will allow us to expand our services to reach broader segments of society, opening new horizons for growth and value creation for our users and partners.”

El-Shafei emphasized that the collaboration would enable Belbaqy to reach untapped demographics and offer new services designed to enhance lives while fostering a culture of saving and investment.

Nashwa Kamel, CEO and Managing Director of eNovate, described the partnership as a significant step in advancing Egypt’s financial ecosystem. She remarked:

“We are committed to providing integrated solutions that improve user experiences and offer flexible tools supporting the digital economy. Our partnership with Belbaqy will help empower individuals to access innovative solutions that efficiently and seamlessly meet their daily needs.”

Kamel also noted that this collaboration reflects eNovate’s dedication to leveraging cutting-edge technology to drive financial inclusion and create sustainable economic growth opportunities.

A Shared Vision for Egypt’s Economy

The partnership underscores the commitment of both organizations to:

  • Delivering innovative financial solutions.
  • Broadening financial inclusion to underserved segments of society.
  • Utilizing advanced digital infrastructure to enhance user experiences.
  • Contributing to sustainable economic growth.

Future Outlook

This strategic alliance serves as a model for fostering successful partnerships in the financial technology sector. By uniting their resources and expertise, eNovate and Belbaqy are paving the way for a more inclusive and sustainable financial future in Egypt, supporting individuals’ economic aspirations while driving digital transformation across the country.

 

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