Egyptian e-payment giant Fawry is considering establishing a new company to invest in emerging technology startups and firms, CEO Ashraf Sabry told Al Mal. The company will complete feasibility studies for the venture this year, and decide on whether to launch in early 2021, Sabry added. Fawry has opted out of joining arms with Disruptech, a USD 25 mn fintech fund set up by former Fawry CEO Mohamed Okasha.

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