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Mobile Wallet

Egypt tops Forbes ME’s first ever Top Fintech Apps list

The list includes 4 apps from Egypt, 6 from the UAE, 3 in Kuwait, and one each from Jordan and Saudi Arabia

EMEA region’s FinTech funding jumps to $39.1B in H1 2021 | KMPG

The region also shattered its previous annual high for FinTech venture capital (VC) investment

Fawry to purchase Banque Misr and CIB’s combined 30% stakes in Fawry Plus

Fawry has previously announced its desire to negotiate for the acquisition of the 48% company stakes held by shareholders

E-banking startup Telda raises $5M in MENA’s largest pre-seed

The startup already has over 30,000 sign-ups with over 17,000 people who’ve requested the card from the app, even though it recently launched in April

Egypt loves e-payment methods, 53% will avoid businesses without them: MasterCard

The shift in buying habits is not fresh news as governments encouraged lockdowns and avoiding traditional in-store shopping due to the pandemic