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Infrastructure 
Masary to help Banque Misr develop its e-payments services
Banque Misr is equipping Ebtikar’s e-payment app Masary with banking services, including QR code payments, Meeza card services, and accepting…
ADQ Holding could be in the running to close out a major acquisition of Atyab
M&A WATCH- ADQ Holding could be in the running to grab a majority stake in Ismailia for Agricultural Investments: Emirati…
Disruptech to acquire minority stake in unnamed fintech startup for USD 500k
STARTUP WATCH- Disruptech to acquire minority stake in unnamed fintech startup: Former Fawry CEO Mohamed Okasha’s USD 25 mn fintech…
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.…
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