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Egyptian mass e-commerce platform Kenzz raises $3.5 million seed funding

Egyptian mass e-commerce platform Kenzz said Tuesday that it raised $3.5 million in a seed funding round led by Outliers Venture Capital as the...

Healthtech startup Vezeeta secures funds to fuel growth, bringing total funding close to $90 million

Egyptian health-tech startup Vezeeta said Wednesday that it has raised new funding to fuel its growth plans and fund imminent merger and acquisition deals...

Egypt’s Convertedin raises $3 million in seed round, plans expansion

Convertedin, an Egyptian startup that operates a marketing system for e-commerce brands, raised $3 million in a seed round led by Saudi-based Merak Capital...

Banque Misr joins forces with SAP to enhance business continuity

Egypt’s second-largest state lender Bank Misr has joined forces with SAP to ensure banking business continuity and digital employee engagement as part of the...

Egyptian fintech startup valU raises $12.4M, valuation touches $247.4M

Egyptian buy now pay later (BNPL) firm valU said Monday that it has secured a $12.4 million capital injection from the Alhokair Family, valuing...

“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...

Finastra partners with DataGear to help corporate banks in Egypt optimize core processes

Finastra announced its partnership with DataGear, a leading service provider for banking and financial services in Egypt, to enable corporate banks to rationalize core...

Barclays selects HPE GreenLake for Private Cloud Platform

Hewlett Packard Enterprise announced that Barclays has selected HPE GreenLake to deliver its global private cloud platform. The bank has signed a strategic cloud...

Uber joins forces with Paymob to broaden in-app payment solutions in Egypt

Uber announced its partnership with Paymob, the leading digital payment service provider, to expand payment options on the Uber app, in a bid to...

Mastercard and ProgressSoft partner to simplify remittance solutions across Middle East and North Africa

Mastercard has entered into a strategic partnership with the real-time payment solutions company, ProgressSoft, to ease the integration of Mastercard Cross-Border Services and accelerate...

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