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Mobile Wallet

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

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

Digitalization Readiness | Key to unlocking SME growth potential in MEA

Mastercard releases findings about the importance of digitalization and rising confidence levels as SMEs across sectors, products, and services in the region

Fawry to establish new consumer finance company in 2022

The company, wholly owned by Fawry and its subsidiaries, has already obtained the necessary license from the Financial Regulatory Authority

UK-based FinTech JUMO planning to jump into Egypt’s financial scene

According to the FinTech, 42% of adults in sub-Saharan Africa and Asia are unbanked and only 11% of adults are under credit bureau coverage in Africa