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First edition of Startupbootcamp-Pride accelerator kicks off
First edition of Startupbootcamp-Pride accelerator kicks off: Pharos’ Pride Capital and global seed program organizer Startupbootcamp launched yesterday the first…
E-finance to increase capital ahead of planned IPO
State-run electronic payments company e-finance will increase its capital to EGP 1.5 bn ahead of its planned IPO this year,…
Balances in e-wallets to become interest bearing?
The Central Bank of Egypt (CBE) is mulling whether interest should be paid on funds left in e-wallets to give…
Central Bank of Egypt to launch soon EGP 1 bn fund for fintech
The CBE is embracing fintech: The Central Bank of Egypt is planning to set up an EGP 1 bn fund…
ICO regulations coming to MENA, courtesy of the Emiratis
Regs for initial coin offerings are coming to MENA, courtesy of the Emiratis: Safe, investor friendly initial coin offerings (ICOs)…
IBM to provide data and processing services for Fawry
Technology giant IBM will provide data storage and processing services for e-payment platform Fawry, which carries out 2 mn financial…
MoneyFellows announces EGP 50 mn series A investment round
INVESTMENT WATCH- MoneyFellows announces series A investment round: Fintech startup MoneyFellows is looking to raise EGP 50 mn in its…
Fawry considering IPO by next year, plans expansions
IPO WATCH- Fawry considering IPO by next year, plans expansions: E-payments platform Fawry is considering listing on the EGX sometime…
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