Tag: #Fintech
These 10 Egyptian fintech firms have joined Fintech Galaxy’s open finance
The use of open APIs will enhance digital identity verification and fraud detection processes
Egyptian Paymob, Chefaa partner to advance pharma retail payments
The partnership will digitise pharmaceutical payments by powering seamless and secure online card payments.
Visa launches Africa fintech accelerator programme
The launch of the Africa Fintech Accelerator programme follows Visa’s recent pledge to invest $1 billion in Africa’s digital transformation
EFG Hermes’ valU, Sympl partner for short-term BNPL plans
Egyptian buy now pay later (BNPL) firm valU said Thursday that it has partnered with fintech firm Sympl to allow the its clients to...
Egypt’s Telda raises $20 million in seed round led by Global Founders Capital
Telda, an Egyptian consumer money app, raised $20 million in a seed funding round led by Global Founders Capital (GFC) with participation from Sequoia...
Mastercard invests in Nclude to boost Egypt’s fintech ecosystem
Mastercard said Tuesday that it has invested in Nclude, an Egyptian financial technology-focused investment fund, to accelerate the growth of the country’s fintech ecosystem...
Fintech ascending: Why Egypt’s banks should embrace change
There is great appetite for innovation and modernization in the Egyptian financial world right now and everybody is trying to get on board. Almost...
Sudan-based fintech startup Bloom raises $6.5 million from Y Combinator and Visa
Sudanese fintech firm Bloom has reportedly raised $6.5 million in a seed funding round led by payments giants Visa, Y Combinator, US-based VCs Global...
Egyptian fintech MNT-Halan’s Tasaheel issues $150 million in securitized bonds
Egyptian fintech startup MNT-Halan said Monday that its wholly-owned subsidiary, Tasaheel, has securitized $150 million of its loan book and plans to use the...
“OPay” announces the launch of its first store in Egypt
OPay Egypt announced the opening of its first “OPay” store in Egypt in the Downtown area in the 5th Settlement, to offer all the...