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valU acquires PayNas
EFG Hermes’ consumer finance arm valU has acquired 100% of digital HR and payroll platform Paynas, valU said in a…
THIS EVENING: valU snaps up 100% of PayNas + Citi sees UK inflation jumping above 18% next year
Happy hump day, wonderful people. We have a slightly slower news afternoon to bring you today — a welcome breather…
EBRD to double down on SCZone digitization support
EBRD to offer more support for SCZone’s digital transformation: The European Bank for Reconstruction and Development (EBRD) signed an agreement…
Silicon Valley-based Plug and Play to invest in Egypt’s startup ecosystem
Plug and Play to partner with ITIDA to develop Egyptian startups: Silicon Valley-based early-stage investor and accelerator Plug and Play…
2020 was a good year for Egypt’s fintech scene
Fintech flourished in Egypt in 2020 despite covid-19’s negative impact on funding, writes Citibank’s Vice President of Europe, the Middle…
Payment news roundup from Visa, Amazon + industry outlook
We have a bunch of news from the payments space that you need to know about, whether you’re in retail,…
Paynas, five lenders enter final stage talks for loans
Egyptian fintech startup Paynas is in final talks with five venture capital funds over financing agreements it expects to secure…