{"id":574730,"date":"2020-09-20T03:59:39","date_gmt":"2020-09-20T03:59:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/20\/egypts-fawry-mulls-launching-emerging-tech-investment-arm-in-2021\/"},"modified":"2020-09-20T03:59:39","modified_gmt":"2020-09-20T03:59:39","slug":"egypts-fawry-mulls-launching-emerging-tech-investment-arm-in-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/20\/egypts-fawry-mulls-launching-emerging-tech-investment-arm-in-2021\/","title":{"rendered":"Egypt\u2019s Fawry mulls launching emerging tech investment arm in 2021"},"content":{"rendered":"<p>Egyptian e-payment giant Fawry is considering establishing a new company to invest in emerging technology startups and firms, CEO Ashraf Sabry told <a href=\"https:\/\/bit.ly\/2FAEilf\">Al Mal<\/a>. The company will complete feasibility studies for the venture this year, and decide on whether to launch in early 2021, Sabry added. Fawry has opted out of joining arms with <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7ba180fa-5157-4940-a1ed-0ab5c7ff7e0f\">Disruptech<\/a>, a USD 25 mn fintech fund set up by former Fawry CEO Mohamed Okasha.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egyptian e-payment giant Fawry is considering establishing a new company to invest in emerging technology startups and firms, CEO Ashraf Sabry told Al Mal. The company will complete feasibility studies for the venture this year, and decide on whether to launch in early 2021, Sabry added. Fawry has opted out of joining arms with Disruptech, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[521,2372,1345,72,519,183,125,4873,639],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-574730","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-ashraf-sabry","tag-banking-finance","tag-disruptech","tag-enterpriseam","tag-fawry","tag-fintech","tag-investment-watch","tag-mohamed-okasha","tag-technology","wpautop","entry"],"acf":{"mongo_id":"0492abd2-d6f3-462a-ba68-bce47cb1ac93","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[574704],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt\u2019s Fawry mulls launching emerging tech investment arm in 2021 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/20\/egypts-fawry-mulls-launching-emerging-tech-investment-arm-in-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s Fawry mulls launching emerging tech investment arm in 2021\" \/>\n<meta property=\"og:description\" content=\"Egyptian e-payment giant Fawry is considering establishing a new company to invest in emerging technology startups and firms, CEO Ashraf Sabry told Al Mal. The company will complete feasibility studies for the venture this year, and decide on whether to launch in early 2021, Sabry added. Fawry has opted out of joining arms with Disruptech, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/20\/egypts-fawry-mulls-launching-emerging-tech-investment-arm-in-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-20T03:59:39+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/20\/egypts-fawry-mulls-launching-emerging-tech-investment-arm-in-2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/20\/egypts-fawry-mulls-launching-emerging-tech-investment-arm-in-2021\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s Fawry mulls launching emerging tech investment arm in 2021\",\"datePublished\":\"2020-09-20T03:59:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/20\/egypts-fawry-mulls-launching-emerging-tech-investment-arm-in-2021\/\"},\"wordCount\":77,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Ashraf Sabry\",\"BANKING + FINANCE\",\"Disruptech\",\"EnterpriseAM\",\"Fawry\",\"Fintech\",\"investment watch\",\"Mohamed Okasha\",\"technology\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/20\/egypts-fawry-mulls-launching-emerging-tech-investment-arm-in-2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/20\/egypts-fawry-mulls-launching-emerging-tech-investment-arm-in-2021\/\",\"name\":\"Egypt\u2019s Fawry mulls launching emerging tech investment arm in 2021 - 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The investment was made as part of an upcoming series A funding round by\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/288.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571810,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/disruptech-to-invest-usd-5-mn-in-fintech-startups-this-year\/","url_meta":{"origin":574730,"position":2},"title":"Disruptech to invest USD 5 mn in fintech startups this year","author":"enterpriseam admin","date":"1 June 2020","format":false,"excerpt":"STARTUP WATCH- Disruptech plans to invest USD 5 mn in fintech startups this year, founder Mohamed Okasha tells Al Mal. The fintech fund is looking to acquire two unnamed companies before the end of the year, Okasha said. 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