Fawry, Egypt’s leading fintech company, reported strong results for the Q1 of 2025, booking revenues of EGP 1.79 bn—up 65.1% year-on-year, Invest-Gate reports.

Net profit surged 97.1% to EGP 605.4 mn, yielding a net profit margin of 33.7%.

CEO Eng. Ashraf Sabry said, “Fawry has started 2025 on a strong footing, delivering continued operational and financial growth, while advancing our long-term value creation strategy.”

Financial Services led growth, contributing 40% to total revenue and rising 164.2% y-o-y. Banking Services grew 55.9%, while Supply Chain Solutions rose 35.3%. Alternative Digital Payments, a key pillar of Fawry’s ecosystem, grew 30.2%.

Sabry noted, “Our strategic focus on digital expansion empowers consumers and businesses alike. At the same time, we’ve streamlined operations to serve clients with greater agility and precision.”

Technology monetization also played a key role, with tech-related revenues up 125% y-o-y.

On the consumer side, the myFawry app and Prepaid Yellow Card continued operating as a unified platform. Annualized throughput on myFawry rose 117.5% to EGP 27.4 bn, while BNPL loan balances surpassed EGP 1.3 bn. The Money Market Fund’s NAV reached EGP 1.8 bn.

Fawry Business introduced new tools for enterprises, including corporate cards and supplier payment features, while embedded finance solutions provided SMEs with seamless access to working capital.

Fawry also achieved a major tech milestone with MPOC certification for its Tap N Pay Soft POS—becoming the first MENA company to secure both MPOC and CPOC certifications.

Fawry reaffirmed its commitment to digital innovation and sustainable growth across Egypt’s financial sector.