Egypt

Why Egypt’s Fintech Boom is Inevitable

Here are a few facts about Egypt. The country is home to 100 million people, making it the most populous nation in the Middle East and North Africa. Among these numbers, 84% of the people were unbanked in 2018. According

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One of Forbes’ Top 10 Accelerators Will Launch a Fintech Programme in Egypt

Startupbootcamp alongside Pride Capital announced its maiden venture into Egypt with its accelerator programme ” Startupbootcamp-Pride Fintech Cairo”. The accelerator programme roped in big partnerships with the likes of IFC, VISA , Alexbank Pharos Capital and many more. Ranked by

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Egypt’s Central Bank Announces an EGP 1 Bil Fintech Fund and Regulatory Sandbox

The Central Bank of Egypt (CBE) will establish an EGP 1 billion innovations support fund to finance Egypt’s fintech startups—called the Central Bank’s Financial Technology Unit. The announcement was made by Ayman Hussein, Deputy Governor of the CBE at the Arab African

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10 Top Fintech Startups in Egypt to Keep an Eye On

As one of the most populous countries in the Middle East topped with a large unbanked population Egypt is fertile for fintech to flourish. Recent report indicates that fintech is one of the fastest growing sector in Egypt. As in

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Egypt’s new national card meeza Accepted now on PayFort’s Payment Gateway

PayFort, an Amazon company, has announced that merchants using its online payment gateway will now be able to accept payments from Egypt’s new national card, ‘meeza’, following the announcement of the Central Bank of Egypt (CBE) for the national payment

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Industry Consortium Wants To Strengthen The Fintech Ecosystem In Egypt

The Venture lab at The American University in Cairo, and university-based startup accelerator in Africa and the MENA region, Temenos, banking software company, and CIB, Egypt’s largest private sector bank, have come together to announce a collaboration to strengthen the

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622 Mil Transactions Later, A15 Sells Tpay to Africa’s Helios

Egypt’s A15 has just announced that they’re exiting UAE-based Tpay today, selling off its majority stake to Helios from Africa. Now collectively holding 24% of the stake, A15 along with the current executive team will continue to lead the implementation

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National Bank of Egypt Upgrades Treasury and Risk Management Operations

Finastra announced that National Bank of Egypt (UK) Limited is deploying Fusion Treasury and Fusion Risk. The treasury and risk solutions will be tightly integrated with the bank’s existing Fusion Equation core banking system – helping the bank to deliver

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Temenos and AUC Venture Lab Team Up to Accelerate Fintech Innovation in Egypt

The Venture lab at The American University in Cairo, an university-based startup accelerator in Africa and the MENA region, and Temenos, the Swiss banking software company, have announced their intention to collaborate and strengthen the fintech ecosystem in Cairo. Temenos will

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Fintech to Solve Financial Exclusion in Egypt

In Egypt, fintech is set to play a key role in providing basic financial services to the large pool of unbanked people, according to experts and industry observers. Egypt is the most populous nation in the Middle East and North

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