In less than a decade, GlobalCorp has redefined Egypt’s financial innovation landscape — a story of ambitious vision and bold transformation. Founded in 2015 as a dedicated leasing venture, the company quickly established itself as a trusted name in corporate finance, building the foundation for sustained growth and diversification. By 2019, GlobalCorp took a decisive step forward, launching its factoring arm and starting its evolution toward becoming a fully integrated non-banking financial powerhouse.

A landmark achievement came in 2021 with the execution of Egypt’s first and largest factoring syndication, alongside obtaining its securitization license from the FRA. This ambitious transformation was spearheaded by Wael El Rashidy, Group Deputy CEO for Financial Affairs. This expansion not only strengthened the Group’s market position but also reinforced its mission to deliver comprehensive financial solutions that empower businesses and shape the future of finance in Egypt.

Building on its B2B success, GlobalCorp strategically expanded into the B2C space. In 2022, it launched Ollin Lifestyle Finance, delivering innovative consumer financing solutions. The Group further diversified in 2023 with a mortgage finance license. Within just one year, the business captured an impressive 10% market share, reinforcing its dominance in Egypt’s growing home finance sector.

With cumulative bookings surpassing EGP 62 bn, over EGP 13 bn worth of securitization issuances, and a portfolio under management exceeding EGP 30 bn, the Group seamlessly integrates leasing, factoring, consumer, and mortgage finance into a unified, high-performing ecosystem. This model continues to redefine the contours of Egypt’s non-banking financial sector.

GlobalCorp is establishing the Global Digital Hub, led by Group CTO Mr. Mina Nageh, as the cornerstone of its innovation strategy to become a fully digital-driven organization. The Hub unites modern infrastructure, advanced data architecture, and next-generation cybersecurity. It focuses on in-house development of proprietary digital platforms to enable faster innovation, greater flexibility, and reduced time-to-market. Crucially, the Digital Hub leverages Artificial Intelligence (AI) and Machine Learning (ML) to transform data into actionable intelligence, enhancing predictive capabilities and automating complex processes – from credit scoring and risk assessment to customer engagement and product personalization. This central engine for data intelligence ensures technological differentiation and continuous innovation.

The Group’s strategic vision and conscious leadership ensure it continues its pioneering role in shaping the future of Egypt’s non-banking financial services sector, setting new standards for digital maturity, intelligent automation, and customer experience excellence.

Tags: