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Fawry and Banque du Caire sign contract for remittance transfer service
EGX-listed e-payments platform Fawry and Banque du Caire have signed a contract to set up an instant remittance transfer service…
Fawry gets green light from regulator on capital increase
E-payment platform Fawry’s is planning a capital increase to raise its issued capital by EGP 500 mn through new shares…
Prime Fintech plans to list on EGX in next two years
IPO WATCH- Prime Fintech plans to list on the EGX in the next two years, Prime Holding’s deputy CEO, Mohamed…
Earnings: Fawry, PHD, Al Ahly for Development and Investment, ADIB, Misr Cement (Qena)
EARNINGS WATCH- Fawry’s net profit surged 99% y-o-y in 9M2020 to EGP 119.1 mn from EGP 59.7 mn last year,…
E-Finance IPO pushed to 1Q2021
IPO WATCH- E-Finance has formally pushed its IPO to 1Q2021: The government has pushed the IPO of fintech player E-Finance…
Karim Nour has joined Kashat as co-founder
MOVES- Karim Nour has joined Kashat as co-founder. Kashat is the first nano-finance company in MENA to provide small productive…
Amsterdam e-payment company Adyer expands into Egypt, Middle East
Amsterdam-based e-payment platform Adyen is expanding to the Middle East, including Egypt, where it plans to integrate with Fawry and…
How MagicCube built software to replace expensive and outdated hardware
One piece of software to rule them all: MagicCube cofounders and Egyptian power couple Nancy Zayed and Hisham Shawki built…
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