{"id":594544,"date":"2019-09-01T03:59:41","date_gmt":"2019-09-01T03:59:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/ta-telecom-spins-off-fintech-startup-nowpay-after-it-secures-usd-600k-seed-funding\/"},"modified":"2019-09-01T03:59:41","modified_gmt":"2019-09-01T03:59:41","slug":"ta-telecom-spins-off-fintech-startup-nowpay-after-it-secures-usd-600k-seed-funding","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/ta-telecom-spins-off-fintech-startup-nowpay-after-it-secures-usd-600k-seed-funding\/","title":{"rendered":"TA Telecom spins off fintech startup NowPay after it secures USD 600k seed funding"},"content":{"rendered":"<p><b>STARTUP WATCH- <\/b><a href=\"http:\/\/www.tatelecom.com\"><b>TA Telecom<\/b><\/a><b> has spun off Egyptian fintech startup <\/b><a href=\"https:\/\/www.nowpay.cash\/\"><b>NowPay<\/b><\/a> after it <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/29\/fintech-startup-nowpay-raises-usd-600k-in-seed-funding\/\">raised USD 600k<\/a> in seed funding from Silicon Valley\u2019s Endure Capital and 500 Startups, TA Telecom <a href=\"https:\/\/ent.news\/2019\/8\/2193.pdf\">said in a press release (pdf)<\/a>. The startup seeks to improve the financial security of corporate employees in emerging markets by helping them access their salaries in advance at any time in the month. NowPay was founded earlier this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>STARTUP WATCH- TA Telecom has spun off Egyptian fintech startup NowPay after it raised USD 600k in seed funding from Silicon Valley\u2019s Endure Capital and 500 Startups, TA Telecom said in a press release (pdf). The startup seeks to improve the financial security of corporate employees in emerging markets by helping them access their salaries [&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":[8572],"tags":[72,203,290,1812,2380,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594544","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-entrepreneurship","tag-financial-inclusion","tag-nowpay","tag-speed-round","tag-startups","wpautop","entry"],"acf":{"mongo_id":"9d1a2f1b-4f4b-47f6-a58a-e98bdd43b29f","is_powered_by":true,"section_story_id":"e99a56d2-bf33-4f85-98e9-3c49ab4cf163","story_type":"1","photo_url":"","photo_position":"above","related_issue":[594528],"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>TA Telecom spins off fintech startup NowPay after it secures USD 600k seed funding - 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\/2019\/09\/01\/ta-telecom-spins-off-fintech-startup-nowpay-after-it-secures-usd-600k-seed-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TA Telecom spins off fintech startup NowPay after it secures USD 600k seed funding\" \/>\n<meta property=\"og:description\" content=\"STARTUP WATCH- TA Telecom has spun off Egyptian fintech startup NowPay after it raised USD 600k in seed funding from Silicon Valley\u2019s Endure Capital and 500 Startups, TA Telecom said in a press release (pdf). The startup seeks to improve the financial security of corporate employees in emerging markets by helping them access their salaries [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/ta-telecom-spins-off-fintech-startup-nowpay-after-it-secures-usd-600k-seed-funding\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-01T03:59:41+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\/2019\/09\/01\/ta-telecom-spins-off-fintech-startup-nowpay-after-it-secures-usd-600k-seed-funding\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/ta-telecom-spins-off-fintech-startup-nowpay-after-it-secures-usd-600k-seed-funding\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"TA Telecom spins off fintech startup NowPay after it secures USD 600k seed funding\",\"datePublished\":\"2019-09-01T03:59:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/ta-telecom-spins-off-fintech-startup-nowpay-after-it-secures-usd-600k-seed-funding\/\"},\"wordCount\":83,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"entrepreneurship\",\"financial inclusion\",\"NowPay\",\"SPEED ROUND\",\"startups\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/ta-telecom-spins-off-fintech-startup-nowpay-after-it-secures-usd-600k-seed-funding\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/ta-telecom-spins-off-fintech-startup-nowpay-after-it-secures-usd-600k-seed-funding\/\",\"name\":\"TA Telecom spins off fintech startup NowPay after it secures USD 600k seed funding - 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Launched early this year, the startup helps corporate employees in emerging markets access their salaries in advance at any point in the month and manage their\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575289,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/payroll-management-startup-nowpay-raises-usd-2-1-mn-in-seed-funding\/","url_meta":{"origin":594544,"position":1},"title":"Payroll management startup NowPay raises USD 2.1 mn in seed funding","author":"enterpriseam admin","date":"11 October 2020","format":false,"excerpt":"STARTUP WATCH- Payroll management startup NowPay has raised USD 2.1 mn in seed funding from a group of Egyptian, US, UAE and Chinese investors led by Foundation Ventures and Endure Capital, according to a company statement (pdf). BECOCapital, 500 Startups, Plug and Play, 4dx Ventures, MSA Capital, EFG-EV Fintech, and\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560798,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/14\/nowpay-joins-us-accelerator-y-combinators-winter-2021-cycle\/","url_meta":{"origin":594544,"position":2},"title":"NowPay joins US accelerator Y Combinator\u2019s winter 2021 cycle","author":"enterpriseam admin","date":"14 March 2021","format":false,"excerpt":"Egyptian fintech startup NowPay has joined US startup accelerator YCombinator\u2019s Winter 2021 funding cycle, Digital Boom reports. The startup will receive USD 125k as well as three months of intensive mentoring, culminating in a demo day to an audience of potential investors and collaborators.The payroll management company was created by\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560655,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/08\/globalcorp-aims-to-double-its-lending-portfolio-nowpay-eyes-new-fintech-products\/","url_meta":{"origin":594544,"position":3},"title":"GlobalCorp aims to double its lending portfolio + NowPay eyes new fintech products","author":"enterpriseam admin","date":"8 March 2021","format":false,"excerpt":"We have a smattering of debt + finance news to take note of this morning:Non-banking financial services provider GlobalCorp plans to double its lendingportfolio to EGP 6 bn this year. The Ezdehar-backed lender will ramp up its factoring and leasing services to companies in the construction, health, food and education\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":682610,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/22\/nowpay-lands-in-ksa-with-usd-20-mn-jv-with-tasheel\/","url_meta":{"origin":594544,"position":4},"title":"NowPay lands in KSA with USD 20 mn JV with Tas\u2019heel","author":"enterpriseam admin","date":"22 January 2026","format":false,"excerpt":"KSA is witnessing \u201caccelerating demand for modern payroll, HR, and fintech infrastructure,\u201d NowPay CEO Mostafa Ashour tells us","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1212.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550639,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/12\/meet-our-founder-of-the-week-nowpays-mostafa-ashour\/","url_meta":{"origin":594544,"position":5},"title":"Meet our founder of the week: NowPay\u2019s Mostafa Ashour","author":"enterpriseam admin","date":"12 April 2022","format":false,"excerpt":"OUR FOUNDER OF THE WEEK- Mostafa Ashour, co-founder and CEO of NowPay (LinkedIn).My name is Mostafa Ashour, and I\u2019m the CEO and co-founder of NowPay. 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