{"id":598265,"date":"2019-05-20T04:03:47","date_gmt":"2019-05-20T04:03:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/"},"modified":"2019-05-20T04:03:47","modified_gmt":"2019-05-20T04:03:47","slug":"fintech-in-egypt-has-the-potential-to-boom","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/","title":{"rendered":"Fintech in Egypt has the potential to boom"},"content":{"rendered":"

<\/a> A deep dive into the state of fintech in Egypt:<\/b> Egypt\u2019s burgeoning fintech scene could spur growth by helping bring more people and businesses into the formal economy, writes Yasmeen Nabil in Wamda<\/a>. Earlier this year, the government set up aEGP 1 bn (USD 57 mn) fund<\/a> via the Central Bank of Egypt (CBE) and the International Finance Corporation<\/a>launched a two-year program<\/a> for fintech startups. Incubators including Algebra<\/a> and Flat6Labs<\/a> consciously target the fintech sector, and EFGEV<\/a> \u2014 a dedicated fintech investment incubator run by EFG Hermes and Egypt Ventures \u2014 plans to invest in more than 30 fintech-focused startups in the coming five years. The CBE is also reportedly working on a three-year strategy that includes connecting investors with entrepreneurs and establishing a regulatory sandbox to test the environment for regulations, in alignment<\/a> with regional best practice.<\/p>\n

Driven by need and opportunity:<\/b> Financial inclusion helps to reduce poverty<\/a> and spurs growth, but according to the World Bank Global Findex database<\/a>, only 14% of adults in the Middle East had a bank account as of 2014. The mobile penetration rate in Egypt, however, is an estimated 102% and the country has some 28 mn smartphone users, not to mention a population of 100 mn (and growing). The IMF has estimated<\/a> that boosting financial inclusion could add 1% to GDP in the MENA region, with fintech offering the most significant growth avenue.<\/p>\n

But the young sector faces challenges:<\/b> Fintech Middle East has identified<\/a> around 40 players working in the sector in Egypt, including 16 startups, 10 of which they regard as highly promising. But while e-payment provider Fawry has some 20 mn customers, other fintech startups continue to struggle. Challenges include the high transaction fees imposed on e-payments by banks and payment gateways, regulatory and infrastructure problems (including poor network coverage), and a lack of fintech awareness on the part of both SMEs and individuals. Some of these challenges are being addressed<\/a>: the CBE issued new regulations for cashless payments using smartphones in 2016 to enable customers to transfer money and pay bills, and in 2017 a National Payment Council was established to encourage the move to cashless payments. However, it has been suggested<\/a> that a clearer and more accessible regulatory structure is needed to encourage widespread adoption. Raising awareness of fintech is also critical to counter the cultural preference for cash payments.<\/p>\n","protected":false},"excerpt":{"rendered":"

A deep dive into the state of fintech in Egypt: Egypt\u2019s burgeoning fintech scene could spur growth by helping bring more people and businesses into the formal economy, writes Yasmeen Nabil in Wamda. Earlier this year, the government set up aEGP 1 bn (USD 57 mn) fund via the Central Bank of Egypt (CBE) and […]<\/p>\n","protected":false},"author":1,"featured_media":598266,"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":[9003],"tags":[104,72,290,183,125,123,321,2397],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-worth-reading","tag-economy","tag-enterpriseam","tag-financial-inclusion","tag-fintech","tag-investment-watch","tag-startups","tag-world-bank","tag-worth-reading","wpautop","entry"],"acf":{"mongo_id":"f70ca997-18e1-4603-805c-62208bb1c58a","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/11\/328.jpg","photo_position":"above","related_issue":[598247],"teaser":"","voice_url":""},"yoast_head":"\nFintech in Egypt has the potential to boom - 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\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fintech in Egypt has the potential to boom\" \/>\n<meta property=\"og:description\" content=\"A deep dive into the state of fintech in Egypt: Egypt\u2019s burgeoning fintech scene could spur growth by helping bring more people and businesses into the formal economy, writes Yasmeen Nabil in Wamda. Earlier this year, the government set up aEGP 1 bn (USD 57 mn) fund via the Central Bank of Egypt (CBE) and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-20T04:03:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/328.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Fintech in Egypt has the potential to boom\",\"datePublished\":\"2019-05-20T04:03:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/\"},\"wordCount\":385,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/328.jpg?fit=%2C&ssl=1\",\"keywords\":[\"economy\",\"EnterpriseAM\",\"financial inclusion\",\"Fintech\",\"investment watch\",\"startups\",\"World Bank\",\"worth reading\"],\"articleSection\":[\"Worth reading\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/\",\"name\":\"Fintech in Egypt has the potential to boom - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/328.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2019-05-20T04:03:47+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/328.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/328.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fintech in Egypt has the potential to boom\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Fintech in Egypt has the potential to boom - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/","og_locale":"en_US","og_type":"article","og_title":"Fintech in Egypt has the potential to boom","og_description":"A deep dive into the state of fintech in Egypt: Egypt\u2019s burgeoning fintech scene could spur growth by helping bring more people and businesses into the formal economy, writes Yasmeen Nabil in Wamda. Earlier this year, the government set up aEGP 1 bn (USD 57 mn) fund via the Central Bank of Egypt (CBE) and […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-05-20T04:03:47+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/328.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Fintech in Egypt has the potential to boom","datePublished":"2019-05-20T04:03:47+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/"},"wordCount":385,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/328.jpg?fit=%2C&ssl=1","keywords":["economy","EnterpriseAM","financial inclusion","Fintech","investment watch","startups","World Bank","worth reading"],"articleSection":["Worth reading"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/","name":"Fintech in Egypt has the potential to boom - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/328.jpg?fit=%2C&ssl=1","datePublished":"2019-05-20T04:03:47+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/328.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/328.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/fintech-in-egypt-has-the-potential-to-boom\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Fintech in Egypt has the potential to boom"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/328.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/328.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/328.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":557674,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/28\/egyptian-banks-launch-egp-1-bn-fintech-fund\/","url_meta":{"origin":598265,"position":0},"title":"Egyptian banks launch EGP 1 bn fintech fund","author":"enterpriseam admin","date":"28 September 2021","format":false,"excerpt":"State-owned banks launch EGP 1 bn+ fintech fund: Several state-owned banks will next month join forces to launch a fund to support fintech startups, in a new push to develop the local sector and bring more of the population into the formal economy, according to a statement (pdf) out yesterday.\u2026","rel":"","context":"In "Fintech"","block_context":{"text":"Fintech","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/fintech\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/374.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594273,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/24\/egypt-is-the-second-most-active-fintech-startup-hub-in-mena-but-still-receives-little-funding-report\/","url_meta":{"origin":598265,"position":1},"title":"Egypt is the second most active FinTech startup hub in MENA, but still receives little funding -report","author":"enterpriseam admin","date":"24 October 2019","format":false,"excerpt":"STARTUP WATCH- Egypt is the second most active FinTech startup hub in MENA, but still receives little funding: Egypt\u2019s share of 51 disclosed fintech startup funding agreements closed in the MENA region in the first nine months of the year grew to 27%, or about 13 agreements, from only 13%\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/10\/55.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574750,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/21\/insurtech-crowdfunding-startups-and-other-fintech-players-could-soon-face-new-fra-regulations\/","url_meta":{"origin":598265,"position":2},"title":"Insurtech, crowdfunding startups and other fintech players could soon face new FRA regulations","author":"enterpriseam admin","date":"21 September 2020","format":false,"excerpt":"LEGISLATION WATCH- Insurtech, crowdfunding startups and other fintech players could soon face new FRA regulations: The Financial Regulatory Authority (FRA) has approved a draft bill that would regulate the use of financial technology to deliver non-bank financial services, it said in a statement. The bill was reviewed by representatives from\u2026","rel":"","context":"In "Speed Round"","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":571688,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/20\/egypt-led-fintech-startup-tribal-credit-joins-visas-fintech-fast-track-program\/","url_meta":{"origin":598265,"position":3},"title":"Egypt-led fintech startup Tribal Credit joins Visa\u2019s Fintech Fast-Track program","author":"enterpriseam admin","date":"20 May 2020","format":false,"excerpt":"STARTUP WATCH- Tribal Credit, a Silicon Valley-based fintech startup co-founded by two Egyptian entrepreneurs, has joined Visa\u2019s Fintech Fast-Track program, which is designed to help fintech businesses scale up with support from Visa\u2019s experts and resources, according to an emailed statement (pdf). The startup, founded by Amr Shady and Mohamed\u2026","rel":"","context":"In "Speed Round"","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":613136,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/09\/fintech-startups-can-now-apply-for-temporary-licenses\/","url_meta":{"origin":598265,"position":4},"title":"Fintech startups can now apply for temporary licenses","author":"enterpriseam admin","date":"9 January 2024","format":false,"excerpt":"Fintech startups will need to meet a minimum capital requirement of EGP 15 mn to be eligible for the temporary license","rel":"","context":"In "Fintech"","block_context":{"text":"Fintech","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/fintech\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/490.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568592,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/cbe-to-launch-egp-1-bn-fintech-fund-in-2q2020\/","url_meta":{"origin":598265,"position":5},"title":"CBE to launch EGP 1 bn fintech fund in 2Q2020","author":"enterpriseam admin","date":"28 January 2020","format":false,"excerpt":"Egypt\u2019s first fintech fund slated to open 2Q2020: The Central Bank of Egypt\u2019s (CBE) EGP 1 bn fund to support fintech startups will be launched in the second quarter of this year, Al Mal reported, quoting a CBE report. The fund, which was initially expected to be up and running\u2026","rel":"","context":"In "Speed Round"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/598265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=598265"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/598265\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/598247"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/598266"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=598265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=598265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=598265"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=598265"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=598265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}