Thunes Enters Egypt Market
Thunes, a global cross-border payments network, received all required regulatory approvals to finally expand to Egypt.
Egypt
MNT-Halan Raises $157.5 Million
MNT-Halan, a fintech startup based in Egypt, has announced that it has managed to raise $157.5 million in investment funds.
Innovative AI-Driven Startups Boost Business Ecosystem in Egypt
Egypt businesses are harnessing artificial intelligence to serve local communities in many aspects. The future of AI startups in Egypt looks bright, with robust investments, growing interest from the international tech network, and supportive government policies. Here’s how AI-driven startups enhance the thriving business ecosystem in Egypt. Artificial intelligence is one of the fastest-developing technologies […]
Noqood Finance Gets License To Support SMEs in Egypt
Noqood Finance can now legally engage in financing small and medium-sized enterprises (SMEs) under the supervision of the national Financial Regulatory Authority – FRA – in Egypt.
Chris Skinner’s Ramses Startup Expands to Egypt and Sudan
American fintech marketplace Ramses has Chris Skinner joining as a founding partner as it prepares to launch its business in Egypt and Sudan.
Egyptian Financial Platform Swypex Launches Upon $4M Investment
Swypex has secured a $4 million seed investment round, led by the renowned venture capital fund Accel.
Dynamically Growing Payment Gateways in Egypt 2024
In the bustling marketplaces and sprawling urban centers of Egypt, payment gateways, which serve as secure intermediaries for online transactions between companies and their customers, have become an indispensable tool. Their vital role is primarily due to their inherent ability to deter fraudulent activities and ensure that transactions are conducted smoothly and efficiently.
Egypt Insurtech Landscape 2024: Overview
Insurtech is a rapidly developing segment of financial technologies. In Egypt, this sector is still in its early stages. However, that gives local insurtech providers even more opportunities to excel in the emerging market.
Bank of Egypt Ups Withdrawal Limits for Instant Payments
The Central Bank of Egypt has decided to increase the amount of money that can be withdrawn through payment service providers.
Mastercard & Copal to Launch Family Payments App in Egypt
The family payments solution brought by Egypt’s digital payment provider Copal in partnership with Mastercard aims to drive financial inclusion by integrating underbanked youth into the formal economy
Egyptian Fintech MNT-Halan Becomes Unicorn
MNT-Halan, one of Egypt’s fastest-growing fintechs, has received $400m in fresh funding. After the completion of additionally discussed investments, MNT-Halan’s valuation will exceed $1 billion
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