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Epayment

Smile to Pay | MasterCard launches global Biometric Checkout Program

Globally, 74% of consumers have a positive attitude towards biometric technology, and the market for contactless biometrics technology is projected to reach $18.6 billion by 2026

Financial inclusion surges 115% since 2016, 56.2% of eligible adults now have accounts

Female financial inclusion also saw a significant jump, climbing 171% by the end of 2021 compared to 2016

Visa and FinTech Egypt launch Visa Everywhere Initiative and competition in Egypt

The CEMEA regional winner will then move on to the global finale in Qatar in November 2022 where up to $170,000 (approximately 2,700,000 EGP) in total prize money will be awarded

Fawry considers US listing and raising EGP 800M for expansion

In a filling to the Egyptian Exchange (EGX), Fawry stated that the proceeds will be used to fund the expansions of its financial services for both consumers and merchants

Egyptian startups take 7 spots on Forbes ME’s top 50 most-funded startups in MENA

Egypt’s seven entries raised a total of $248.6 million, with the top Egyptian company in 8th place