Mobile wallets are becoming more popular as the number of transactions using mobile wallets have more than doubled annually, hitting 212 million transactions
The company revealed that it would be using the fresh funding to push ahead in expanding into Saudi Arabia, Egypt, Pakistan and Ghana
Female financial inclusion also saw a significant jump, climbing 171% by the end of 2021 compared to 2016
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
Mastercard releases findings about the importance of digitalization and rising confidence levels as SMEs across sectors, products, and services in the region
