Visa and MDP Join Forces to Empower Fintech Growth across Egypt

MDP, a leading payment enabler, and Visa, a global leader in digital payments, unveiled a groundbreaking partnership designed to empower fintechs and NBFIs throughout Egypt to seamlessly deploy their financial ser ...

Fawry’s “Alnota” Overdraft Surpasses EGP 2bn in Transactions

Fawry announced its subsidiary, Fawry MSME, has reached a milestone with its BNPL solution, “Alnota” Overdraft, Invest-Gate reports.

Fintech Dopay Raises $13.5 Million in Series A Extension Round to Empower the Next Billion Workers

Dopay, a rapidly growing fintech company that offers a digital payroll and payments platform for unbanked and underbanked workers in emerging markets, has announced the successful closure of a strategic $13.5 mill ...

Seqoon Raises $500K in Pre-Seed Funding

The funding was enabled by the bank’s program to support Egyptian fintech startups.

Majid Al Futtaim, valU to Jointly Present ‘Buy-Now-Pay-Later’ Services

UAE-based retail conglomerate Majid Al Futtaim has partnered with EFG Hermes’ fintech arm valU to provide shoppers with monthly installment plans of up to five years through the latter's e-commerce platform.

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