Egypt
Egypt’s Mobile Masr raises $500,000 in a seed round
In partnership with Intercap Capital Investment Bank, a group of angel investors from the United Arab Emirates and Qatar gave Mobile Masr a ...
Egypt
Egypt: Uber, HSBC launch new on-demand cashouts
Uber and HSBC announced (February 8, 2023) the launch of Flexpay, a new digital payments solution that enables on-demand cashouts into mobile wallets, ...
Egypt
Egypt: Moody’s cuts Egypt rating to B3, changes outlook to stable
Ratings agency Moody’s lowered Egypt’s sovereign rating by one notch to B3 from B2 on Tuesday (February 7, 2023), citing the country’s reduced ...
Egypt
Egypt: Flutterwave expands into North Africa with new Egypt payments licenses
Flutterwave, Africa’s leading payments technology company, has announced February 9, 2023 that it has received its Payment Services Provider and Payments Facilitator licenses ...
Egypt
Egypt: MNT-Halan Attracts $400 Million in Largest Funding in Egypt and the Middle East in the Past 12 Months
MNT-Halan, Egypt’s leading and fastest growing fintech ecosystem, announced that Chimera Abu Dhabi has invested more than $200 million in equity in exchange ...
Egypt
Egypt: Most banks adjust their services to suit people with disabilities: Egypt’s CBE
This comes in implementation of the directives of President Abdel Fattah Al-Sisi to facilitate access to services to people with disabilities in various ...
Egypt
Egypt: Dubai-based Accounting Platform Wafeq Set to Expand to Egypt with $3mn Seed Round
Dubai-headquartered accounting and financial compliance platform Wafeq, has closed a $3 million seed round led by Raed Ventures. Included in the seed round ...
Egypt
Egypt: MENA-based streaming platform TOD partners with TPAY to allow users access Mobile Payments
TOD, the streaming platform for the Middle East and North Africa (MENA) has struck a strategic partnership with TPAY, the payments leader for the Middle East, ...
Egypt
Egypt: Uber Travel Arrives in MENA With Egypt Launch
Uber has launched the Uber Travel feature suite in Egypt. Specifically, “Smart Itineraries” has been launched in the country, allowing users to sync ...
Egypt
Egypt: Fawry joins together with Classera to encourage digital payments in Egypt’s educational sector.
Fawry, a prominent fintech and banking services firm, has announced a strategic agreement with Classera, a leader in teaching and distant learning technologies, ...