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ValU taps new partnerships in sports, aviation, and education ahead of first cross-border expansion this quarter
EFG Hermes’ fintech platform ValU has teamed up with Al Ahly Sporting Club to offer financing plans on new memberships,…
Planet Finance: New York Stock Exchange sets NFT + crypto trading in its sights
NYSE stakes a claim on cryptocurrency + NFT trading: The New York Stock Exchange has filed an application with the…
Wasla super-app lands USD 9 mn from Contact + MoneyHash bags USD 3 mn pre-seed
Internet browser turned e-commerce super app Wasla has scored a USD 9 mn investment from Contact Financial Holding, TechCrunch reports.…
Old Mutual makes a bid for Lekela as Actis plots exit
Pan-African financial services outfit Old Mutual is bidding for Actis’ 60% stake in Lekela Power through its African Infrastructure Investment…
El Sisi signs fintech and unified budget acts into law
Fintech Bros, pay attention here: President Abdel Fattah El Sisi has ratified the Fintech Act, which regulates robo-advisory, nano-finance, insurtech,…
The status of superapps in Egypt — Part 3: the investment case
The status of superapps in Egypt — Part 3: the investment case: We openedour exploration into superapps by looking at…
Thndr lands USD 20 mn series A investment
Stock trading app Thndr has closed a USD 20 mn series A round, the company announced in a statement (pdf)…
Aldar could target retail + education acquisitions in Egypt
Egyptian retail + education assets could be in Aldar’s crosshairs: Aldar Properties will spend at least AED 5 bn (c.…
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