{"id":675049,"date":"2025-11-06T00:00:00","date_gmt":"2025-11-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/06\/pioneering-egypts-non-banking-financial-revolution\/"},"modified":"2025-11-06T00:00:00","modified_gmt":"2025-11-06T00:00:00","slug":"pioneering-egypts-non-banking-financial-revolution","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/06\/pioneering-egypts-non-banking-financial-revolution\/","title":{"rendered":"Pioneering Egypt\u2019s non-banking financial revolution"},"content":{"rendered":"

In less than a decade, GlobalCorp has redefined Egypt\u2019s financial innovation landscape <\/strong>\u2014 a story of ambitious vision and bold transformation. Founded in 2015 as a dedicated leasing venture, the company quickly established itself as a trusted name in corporate finance, building the foundation for sustained growth and diversification. By 2019, GlobalCorp took a decisive step forward, launching its factoring arm and starting its evolution toward becoming a fully integrated non-banking financial powerhouse.<\/p>\n

A landmark achievement came in 2021 with the execution of Egypt\u2019s first and largest factoring syndication<\/strong>, alongside obtaining its securitization license from the FRA. This ambitious transformation was spearheaded by Wael El Rashidy, Group Deputy CEO for Financial Affairs. This expansion not only strengthened the Group\u2019s market position but also reinforced its mission to deliver comprehensive financial solutions that empower businesses and shape the future of finance in Egypt.<\/p>\n

Building on its B2B success, GlobalCorp strategically expanded into the B2C space.<\/strong> In 2022, it launched Ollin Lifestyle Finance, delivering innovative consumer financing solutions. The Group further diversified in 2023 with a mortgage finance license. Within just one year, the business captured an impressive 10% market share, reinforcing its dominance in Egypt\u2019s growing home finance sector.<\/p>\n

With cumulative bookings surpassing EGP 62 bn<\/strong>, over EGP 13 bn worth of securitization issuances, and a portfolio under management exceeding EGP 30 bn, the Group seamlessly integrates leasing, factoring, consumer, and mortgage finance into a unified, high-performing ecosystem. This model continues to redefine the contours of Egypt\u2019s non-banking financial sector.<\/p>\n

GlobalCorp is establishing the Global Digital Hub, led by Group CTO Mr. Mina Nageh<\/strong>, as the cornerstone of its innovation strategy to become a fully digital-driven organization. The Hub unites modern infrastructure, advanced data architecture, and next-generation cybersecurity. It focuses on in-house development of proprietary digital platforms to enable faster innovation, greater flexibility, and reduced time-to-market. Crucially, the Digital Hub leverages Artificial Intelligence (AI) and Machine Learning (ML) to transform data into actionable intelligence, enhancing predictive capabilities and automating complex processes \u2013 from credit scoring and risk assessment to customer engagement and product personalization. This central engine for data intelligence ensures technological differentiation and continuous innovation.<\/p>\n

The Group's strategic vision and conscious leadership ensure it continues its pioneering role in shaping the future of Egypt\u2019s non-banking financial services sector, setting new standards for digital maturity, intelligent automation, and customer experience excellence. <\/p>\n","protected":false},"excerpt":{"rendered":"

In less than a decade, GlobalCorp has redefined Egypt\u2019s financial innovation landscape \u2014 a story of ambitious vision and bold transformation. Founded in 2015 as a dedicated leasing venture, the company quickly established itself as a trusted name in corporate finance, building the foundation for sustained growth and diversification. By 2019, GlobalCorp took a decisive […]<\/p>\n","protected":false},"author":1,"featured_media":675050,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[12359],"tags":[12260,12358,12261],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-675049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-a-message-from-globalcorp","tag-2025-enterpriseam-egypt-forum","tag-a-message-from-globalcorp","tag-enterpriseam_event2025","wpautop","entry"],"acf":{"mongo_id":"7ba9ed85-b238-4bb0-b01a-dbb56f879196","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/11\/512.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Pioneering Egypt\u2019s non-banking financial revolution","related_issue":[675038],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.ffe8dd8d-1bc2-4316-9125-67419213f676.mp3"},"yoast_head":"\nPioneering Egypt\u2019s non-banking financial revolution - 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\/2025\/11\/06\/pioneering-egypts-non-banking-financial-revolution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pioneering Egypt\u2019s non-banking financial revolution\" \/>\n<meta property=\"og:description\" content=\"In less than a decade, GlobalCorp has redefined Egypt\u2019s financial innovation landscape \u2014 a story of ambitious vision and bold transformation. 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The company, previously known as Global Finance, is in separate talks with the banks and is looking to obtain between EGP\u2026","rel":"","context":"In "SPEED ROUND: DEBT WATCH"","block_context":{"text":"SPEED ROUND: DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/393.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546308,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/11\/ebrd-spe-capital-amethis-acquire-financial-services-player-globalcorp\/","url_meta":{"origin":675049,"position":1},"title":"EBRD, SPE Capital, Amethis acquire financial services player GlobalCorp","author":"enterpriseam admin","date":"11 May 2022","format":false,"excerpt":"European consortium acquires GlobalCorp: The European Bank of Reconstruction and Development (EBRD), SPE Capital, and Amethis have acquired a 90% stake in non-banking financial services firm GlobalCorp, the company said in a press release (pdf). The consortium paid EGP 914.7 mn for 22.2 mn shares in an OTC transaction, Al\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-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":655107,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/13\/globalcorp-to-increase-issued-and-paid-in-capital-to-fuel-service-portfolio-expansion\/","url_meta":{"origin":675049,"position":2},"title":"GlobalCorp to increase issued and paid-in capital to fuel service portfolio expansion","author":"enterpriseam admin","date":"13 November 2024","format":false,"excerpt":"The firm will raise its issued capital to EGP 1.5 bn and its paid-in capital to EGP 1.4 bn by year end","rel":"","context":"In "FINANCIAL SERVICES"","block_context":{"text":"FINANCIAL SERVICES","link":"https:\/\/enterpriseam.com\/egypt\/category\/financial-services\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1188.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566619,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/04\/leasing-provider-globalcorps-owners-seeking-an-exit\/","url_meta":{"origin":675049,"position":3},"title":"Leasing provider GlobalCorp\u2019s owners seeking an exit","author":"enterpriseam admin","date":"4 July 2021","format":false,"excerpt":"Europe-based investors are looking to snap up 90% of leasing and non-banking financial services company GlobalCorp, according to a report by Al Mal quoting sources it says are in the know. Due diligence is currently underway, with more details due to be unveiled \u201csoon,\u201d the sources said without pinning down\u2026","rel":"","context":"In "SPEED ROUND: M&A WATCH"","block_context":{"text":"SPEED ROUND: M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/309.jpg?fit=%2C&ssl=1&resize=350%2C200","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":675049,"position":4},"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 "Banking + Finance"","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":557714,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/29\/globalcorp-could-kick-off-egp-3-3-5-bn-securitization-program-in-4q2021\/","url_meta":{"origin":675049,"position":5},"title":"GlobalCorp could kick off EGP 3-3.5 bn securitization program in 4Q2021","author":"enterpriseam admin","date":"29 September 2021","format":false,"excerpt":"GlobalCorp could have the first tranche of a EGP 3-3.5 bn securitized bond issuance ready by the end of the year, Al Mal reports. The non-bank lender is planning to sell EGP 1.1 bn of securities in 4Q2021, its CEO and managing director, Hatem Samir, told the newspaper. The issuance\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/394.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/675049","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=675049"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/675049\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/forum\/675038"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/675050"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=675049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=675049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=675049"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=675049"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=675049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}