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Payroll management startup NowPay raises USD 2.1 mn in seed funding
STARTUP WATCH- Payroll management startup NowPay has raised USD 2.1 mn in seed funding from a group of Egyptian, US,…
What we’re tracking on 7 October 2020
Good morning, friends. We hope you’re looking forward to the long weekend as much as we are. We’re looking forward…
National Bank of Egypt seeks CBE approval to launch digital banking services
The National Bank of Egypt has requested Central Bank of Egypt approval to launch its planned digital bank, which it…
Visa partners with Egyptian e-payments platform Fawry to accelerate growth of digital payments
More of leading e-payment platform Fawry’s merchants will now have access to Visa’s digital acceptance solutions, including card and QR…
Mobile operators are bidding to become Africa’s bankers
Africa’s mobile network operators are using the pandemic as a chance to (literally) bank on the continent’s huge growth potential.…
Who’s got licenses for what?
CI Capital’s consumer finance arm Souhoola has been awarded a consumer finance license by the Financial Regulatory Authority, the company…
Egyptian stock trading app Thndr completes EGX registration
STARTUP WATCH- Stock trading app Thndr has completed its registration with the EGX, the company announced on its website. The…
Egypt in the News on 28 September 2020
There’s not much going on in the pages of the foreign press this morning: The AssociatedPress reports that Egyptians have…
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