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Valu clears secondary sale to institutional investors
The sale pencils out to EGP 603 mn, valuing the homegrown BNPL at roughly EGP 24.1 bn, by our math
IBF & Company doubles down on logistics with Techno Metal acquisition
Plus: Lucky lands USD 23 mn in Series B round, Madinet Masr launches Day 2 Night integrated complex
Instapay hits profitability as demand keeps up one year into 0.1% transaction fee
Instapay has also become the bridge between bank accounts and mobile network operator-run e-wallets, representing some 65% of incoming funds
Banks set for acquisition rush as CBE scraps 40% ownership cap for financial companies
The CBE will by extension see its oversight of these companies increase as banks increase their stakes
Finance Ministry to launch real estate tax app in April
Plus: Eni plans USD 2 bn investment push, Orascom Development and Rameda report 2025 earnings, Halan closes securitization issuance
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend that liquidity via their card or withdraw it at an…
How Egypt’s fintech players can own the digital Eidiya evolution
💸 Eid traditions in Egypt (and the region) have held strong for centuries, from the first-day feast to the weekend-long…
Converted acquires Egyptian fashion platform Mitcha
“For me, the decision was about finding the right partner to scale what we built with Mitcha,” Mitcha Founder Hilda…
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