{"id":634889,"date":"2018-01-28T04:08:14","date_gmt":"2018-01-28T04:08:14","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/fintech-startups-growing-becoming-more-valuable\/"},"modified":"2018-01-28T04:08:14","modified_gmt":"2018-01-28T04:08:14","slug":"fintech-startups-growing-becoming-more-valuable","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/fintech-startups-growing-becoming-more-valuable\/","title":{"rendered":"Fintech startups growing, becoming more valuable"},"content":{"rendered":"

<\/a> Egypt\u2019s fintech startups are growing in number, value, and specialization<\/strong>, writes Rana Freifer for Wamda<\/a>. She says startups are getting more support for banks and the government and they are becoming more appealing to investors. \u201cTo sum it up, fintech in Egypt is growing in the right direction, slowly, but evolving\u2026 leveraging existing platforms and adding new products would be a good way to grow and validate models. It is also a must that startups expand their partnerships and collaborations, as working in isolation is very difficult.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt\u2019s fintech startups are growing in number, value, and specialization, writes Rana Freifer for Wamda. She says startups are getting more support for banks and the government and they are becoming more appealing to investors. \u201cTo sum it up, fintech in Egypt is growing in the right direction, slowly, but evolving\u2026 leveraging existing platforms and […]<\/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":[9257],"tags":[72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634889","post","type-post","status-publish","format-standard","hentry","category-on-your-way-out","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"b82f87cd-703c-4825-a7bb-6a69dabd6cf0","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[634844],"teaser":"","voice_url":""},"yoast_head":"\nFintech startups growing, becoming more valuable - 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\/2018\/01\/28\/fintech-startups-growing-becoming-more-valuable\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fintech startups growing, becoming more valuable\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s fintech startups are growing in number, value, and specialization, writes Rana Freifer for Wamda. She says startups are getting more support for banks and the government and they are becoming more appealing to investors. \u201cTo sum it up, fintech in Egypt is growing in the right direction, slowly, but evolving\u2026 leveraging existing platforms and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/fintech-startups-growing-becoming-more-valuable\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-28T04:08:14+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\/2018\/01\/28\/fintech-startups-growing-becoming-more-valuable\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/fintech-startups-growing-becoming-more-valuable\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Fintech startups growing, becoming more valuable\",\"datePublished\":\"2018-01-28T04:08:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/fintech-startups-growing-becoming-more-valuable\/\"},\"wordCount\":94,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\"],\"articleSection\":[\"ON YOUR WAY OUT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/fintech-startups-growing-becoming-more-valuable\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/fintech-startups-growing-becoming-more-valuable\/\",\"name\":\"Fintech startups growing, becoming more valuable - 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Earlier this year, the government set up aEGP 1 bn (USD 57 mn) fund via the Central\u2026","rel":"","context":"In "Worth reading"","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/328.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571170,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/03\/egyptian-fintech-fund-disruptech-planning-to-invest-15-18-startups-over-3-years\/","url_meta":{"origin":634889,"position":1},"title":"Egyptian fintech fund Disruptech planning to invest 15-18 startups over 3 years","author":"enterpriseam admin","date":"3 May 2020","format":false,"excerpt":"STARTUP WATCH- Fintech fund Disruptech plans to invest an unspecified amount in 15-18 startups over the next three years, founder (and former Fawry CEO) Mohamed Okasha tells Al Mal. The USD 25 mn fintech fund is also in negotiations with local and international banks and institutions to contribute to the\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":567102,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/mena-startups-break-records-in-2019-egypt-top-country-by-number-of-agreements\/","url_meta":{"origin":634889,"position":2},"title":"MENA startups break records in 2019, Egypt top country by number of agreements","author":"enterpriseam admin","date":"13 January 2020","format":false,"excerpt":"Egypt was the most active venture capital market in MENA last year with 25% of all transactions in the region, according to startup platform Magnitt\u2019s 2019 MENA Venture Investment Report. Egypt\u2019s share of total number of seed funding agreements fell 1% y-o-y, but the UAE, which topped the ranking in\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\/2020\/1\/583.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":650435,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/23\/prospects-looking-good-for-fintech-startups-in-mena\/","url_meta":{"origin":634889,"position":3},"title":"Prospects looking good for fintech startups in MENA","author":"enterpriseam admin","date":"23 March 2017","format":false,"excerpt":"Prospects for fintech startups in MENA are apparently looking good, with their numbers growing 50% between 2013 and 2015 to 105 companies from a 46, according to a report form Payfort and Wamda released this week. That number is expected to grow to 250 startups by 2020. 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