Valu gets FRA nod to enter SME lending
Plus: FRA greenlights three non-banking financial activity licenses, including the country’s first third-party healthcare administrator
Available in your choice of English or Arabic
Plus: FRA greenlights three non-banking financial activity licenses, including the country’s first third-party healthcare administrator
Plus: Our natural gas import bill will jump 26% y-o-y next fiscal year
The startup is backed by our friends at EFG Hermes, Valu, Cairo Capital, Dfin Holding, Marakez Group, and EFG EV
Stablecoins have become a tool for bypassing government-imposed restrictions on foreign currency access
Fawry will add ins. services to its massive existing digital payment network
The sale pencils out to EGP 603 mn, valuing the homegrown BNPL at roughly EGP 24.1 bn, by our math
Plus: Lucky lands USD 23 mn in Series B round, Madinet Masr launches Day 2 Night integrated complex
Instapay has also become the bridge between bank accounts and mobile network operator-run e-wallets, representing some 65% of incoming funds
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