GlobalCorp for Financial Services Announces EGP 800 million Increase in Paid-In Capital Driving Further Strategic Expansion and Market Positioning in Egypt – Fintech News Egypt

Cairo, November 12, 2024 – GlobalCorp Group (GC-Group), a leading Egyptian Non-Banking Financial Services Group, today announced a significant increase in its issued and paid-in capital, reflecting the company’s robust growth and shareholder confidence in its future. This capital increase aligns with GC-Group’s broader strategic goal of expanding its footprint and service offerings across Egypt’s […]

NymCard Partners with Blnk to Enhance Digital Lending in Egypt – Fintech News Egypt

NymCard Partners with Blnk to Enhance Digital Lending in Egypt Dubai, UAE – NymCard, a leading provider of modern card issuance and payment solutions, is thrilled to announce a strategic partnership with Blnk, Egypt’s premier digital lending platform. This collaboration aims to introduce tailored payment solutions designed specifically for Blnk’s users, empowering both merchants and […]

Jumia Egypt partners with Premium Card to support E-Commerce growth in Egypt – Fintech News Egypt

Cairo, Egypt – Jumia, Egypt’s leading e-commerce platform, has entered a strategic partnership with Premium International for Financial Services, known for its diverse payment solutions through Premium Card. This collaboration aims to elevate the online shopping experience for Egyptian consumers by providing exclusive offers, flexible payment plans, and attractive discounts. Through this partnership, Premium Card […]

Thunes Partners with Ecobank to Enhance Financial Access and Cross-Border Payments Across Africa

November 7, 2024 – In a strategic move to drive financial inclusion and streamline cross-border payment solutions across the African continent, Thunes has announced a partnership with Ecobank Transnational Incorporated, a leading pan-African financial institution. This collaboration aims to build secure, efficient digital payment pathways for millions of individuals and businesses throughout Africa, connecting them […]

Fawry’s Soft POS solution achieves CPOC, MPOC certifications – Fintech News Egypt

This dual certification boosts the company’s ability to deliver secure, compliant, and cutting-edge payment solutions in the MENA region Egypt, November 2024 — Fawry, Egypt’s leading digital payments platform, has successfully completed the Mobile Point of Sale (MPOC) certification cycle, becoming the first company in the MENA region to achieve both MPOC and Contactless Payment […]

Egypt-based VC-Incubator T-Vencubator announces Tafweela as inaugural venture-building project – Fintech News Egypt

Egypt, November 5, 2024 — T-Vencubator, a leading entity in venture building, venture capital, and incubation services, has announced www.tafweela.com as its first venture building project, signaling a major push to reshape the vehicle payments ecosystem in Egypt. This initiative aligns with T-Vencubator’s mission to foster disruptive startups that drive digital transformation and enhance economic […]

Morocco’s Cathedis Secure $713,000 in Investment from Fond Capital Venture (FCV) – Fintech News Egypt

BMCE Capital Investments Backs Moroccan Logistics Startup Cathedis with MAD7 Million Investment Casablanca, Morocco – BMCE Capital Investments, the private equity arm of BMCE Capital, has announced a strategic investment in Cathedis, a leading Moroccan last-mile delivery logistics company. The investment, totaling nearly MAD7 million, includes MAD5 million from BMCE Capital’s dedicated venture capital fund […]

Menthum Unveils “Menthum Goals!” – Egypt’s First-Ever Goal-Based Savings Solution, Enhancing Financial Wellness for All – Fintech News Egypt

Cairo, Egypt – 3rd November – Menthum, Egypt’s pioneering fintech startup, has launched “Menthum Goals!”, a first-of-its-kind digital savings proposition designed to transform how individuals plan, save, and achieve their financial aspirations. More than just a savings tool, Menthum Goals! empowers users to set, track, and reach their financial objectives in a disciplined, structured way, bringing a […]

Saudi Arabia’s Adoption of Fintech Makes it an Ideal DeFi Hub, Experts say – Fintech News Egypt

CAIRO: Fintech experts believe Saudi Arabia is positioned to lead the regional landscape in decentralized finance, and also solve some challenges on the horizon. With active support from the Saudi Central Bank, also known as SAMA, and initiatives like Vision 2030, the Kingdom is creating an ideal environment for solutions to so-called DeFi to flourish. […]

eCards Rebrands to eNovate, Signaling Strategic Shift Towards Innovation and Expansion – Fintech News Egypt

Egypt – eCards, a subsidiary of e-Finance Group for Financial and Digital Investments, has officially rebranded as eNovate, aligning with the company’s new strategy to drive innovation, expand its service offerings, and strengthen its market presence. This name change reflects a broader shift towards digital transformation and modernization in line with the evolving technological landscape. […]