Every StartupHub.today article filed under التكنولوجيا المالية في مصر.
Fawry had a fantastic 2025, showing strong growth across the board! Mobile wallet transactions soared to EGP 835 billion, revenues hit EGP 8.65 billion, and net profit jumped by an impressive 80% to EGP 2.889 billion. This highlights their leading role in Egypt's digital payment transformation.
Bank Misr's BM Online app now lets customers make instant transfers across Egypt to any mobile number, bank account, card, or e-wallet, offering total flexibility for managing money anytime, anywhere.
Network International, a leading FinTech company in the Middle East and Africa, has successfully enabled Apple Pay acceptance for four prominent banks in Egypt. This exciting move is a big step in the country's journey towards digital payment transformation and a cashless economy.
Modupay has teamed up with Orange Cash in Egypt as its trusted financial technology partner. This exciting collaboration aims to expand digital financial services across the country, making payments more secure and easily accessible for everyone.
Egypt's Financial Regulatory Authority (FRA) has decided to temporarily halt new license applications for FinTech consumer finance companies for a year, with a possibility of extension. This move aims to bring stability to the rapidly growing market, focusing on strengthening existing companies and managing risks rather than just expanding the number of players. It sparks a conversation about whether the market is reaching saturation or if this is a strategic step to ensure sustainable growth.
Ericsson and Mastercard have announced a super exciting partnership! They're joining forces to totally change how digital money moves globally. By bringing together Ericsson's financial technology platform with Mastercard Move, they aim to expand digital wallet options, launch cool new payment services, and really boost financial inclusion, especially for communities that don't have easy access to traditional banking.
