BNPL firm Tabby forays into Egypt
Tabby, a UAE-based buy now, pay later platform, has forayed into Egypt to benefit from the growing e-commerce sector by…
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Alhokair Family buys minority stake in BNPL platform valU
EFG Hermes’ subsidiary valU, a buy-now, pay-later (BNPL) platform in the MENA region, has agreed to divest a 4.99% interest…
ADCB Egypt turns to Temenos for digital payments
ADCB Egypt has selected Temenos’ open platform to enable next-generation digital payments for composable banking. Temenos said that its platform…
Egypt’s Paymob garners $50m to spur business growth
Egyptian fintech firm Paymob has secured an investment of $50m in a Series B funding round led by Kora Capital,…
Egyptian fintech Khazna raises $38m in Series A financing round
Cairo-based fintech app Khazna has secured $38m in debt and equity through its Series A financing round, reported The National.…
Egypt grants regulatory nod for instant electronic payments
The Central Bank of Egypt has approved instant payment regulations that will enable people and businesses in the country to…
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Egypt’s state payments firm E-finance begins IPO
E-finance Digital and Financial Investments, a state-controlled payments firm in Egypt, has launched an IPO for retail investors, reported Reuters.…
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Egypt approves merchant licences for contactless mobile payments
Egypt’s central bank has approved the issue of licences that will enable merchants to accept contactless payments from their customers…
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