We use cookies for analytics, advertising and to improve our site. You agree to our use of cookies by closing this message box or continuing to use our site. To find out more, including how to change your settings, see our Cookie Policy

E Finance

Egyptian FinTech Nexta secures $3M investment from e-finance

Nexta aims to disrupt the local FinTect scene with its “next-generation banking” app and card

Saudi Egyptian Investment Co. buys minority stakes in 4 state-owned companies

The newly-launched Saudi Egyptian Investment Company (SEIC) has acquired minority stakes in 4 Egyptian companies worth around $1.3 billion

e-finance’s EGX debut sees shares jump by 40%+ within minutes of opening bell

Within 7 minutes of opening trading (10:07am) e-finance jumped by 43.06% to EGP 20 after 29.61 million shares were exchanged

e-finance is hot commodity as EGX debut announced as 61x oversubscribed

e-finance began receiving applications for its public offering subscriptions last week (October 10) for the private placement tranche

e-finance releases expected price range for upcoming IPO

The company looks to be on track, after announcing earlier in September that it planned to go public by Q4