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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…
Insurtech, crowdfunding startups and other fintech players could soon face new FRA regulations
LEGISLATION WATCH- Insurtech, crowdfunding startups and other fintech players could soon face new FRA regulations: The Financial Regulatory Authority (FRA)…
Fawry receives CBE approval for bank transfer service
Fawry gets CBE nod to partner with state-owned bank for transfer service: E-payments platform Fawry has received preliminary approval from…
Egypt’s Fawry mulls launching emerging tech investment arm in 2021
Egyptian e-payment giant Fawry is considering establishing a new company to invest in emerging technology startups and firms, CEO Ashraf…
Kashier Payments raises undisclosed amount of seed funding
STARTUP WATCH- Egyptian e-payments startup Kashier Payments has raised an undisclosed amount of funding from a group of investors in…
Relaxed regs key to driving e-payments growth, says CIB boss
Relaxed regs are the key to driving e-payments growth, says CIB boss: The growth of digital accounts, such as mobile…
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