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NBFS player Ebtikar plans 1Q2021 IPO
Ebtikar plans to list a 25-30% stake when it makes its EGX debut in 1Q2021, thelocal press reports, citing people…
Housing and Development Bank plots entry into digital banking
State-owned Housing and Development Bank is planning to apply for a digital banking license from the Central Bank of Egypt…
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,…
Ebtikar receives offers for stakes in e-payments firms Bee, Masary
M&A WATCH- Foreign, local investors eye stakes in fintech players Bee, Masary: Non-banking financial services outfit Ebtikar has received “several”…
Ebtikar taps EFG to quarterback EGX debut
IPO WATCH- Ebtikar taps EFG to quarterback EGX debut: Ebtikar — MM Group's non-banking financial services subsidiary — has hired…
MM Group looks to take Ebtikar, e-payments company public on EGX in 2021
IPO WATCH- MM Group looks to take Ebtikar, e-payments company public on EGX in 2021: Industry and trade group MM…
Ebtikar submits proposal to set up two consumer financing companies
Ebtikar wants to set up two consumer financing companies: B Investments’ Ebtikar has submitted documents to the General Authority for…
MM Group board approves 50% acquisition of Tamweel’s car factoring arm
M&A WATCH- MM Group’s board of directors approved last week the acquisition of 50% of Tamweel Group’s automotive factoring arm,…
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