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THIS EVENING: Fawry could apply for a digital banking license
Good afternoon, friends, and happy Monday. We have a relatively busy news day here at home, with a little bit…
Meet the startups bringing cashless fintech products to Egyptian students + parents
Startups like Spare and Klickit have specialized digital systems for school-related payments
Slowing US inflation is bringing the greenback back down to earth
And that could be good news for emerging markets
Private equity firms eye 25% stake in Al Ahly Momkn
Ahli Capital owns 75% of Al Ahly Momkn
Fintech players see new licensing requirements as “big step forward”
We talk to fintech players to see what they make of the new rules
New criteria for fintech, digital banking licenses
Digital banks now need a capital of at least EGP 2 bn
We’ve got USD 1.9 bn in hand from state asset sales — now what?
Egypt has another USD 1 bn worth of sales coming soon — and is restocking its transaction pipeline, Madbouly says
Meet our founder of the week: Himanshu Shrimali, cofounder and CEO of Menthum
Menthum is Egypt’s first digital money market fund
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