Egypt
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Why Global Investors Are Betting $13 Million on This African Fintech
In a continent where informal finance systems remain the financial lifeline for millions, Cairo-based fintech startup MoneyFellows has built something quietly powerful, digitising a centuries-old…
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Maseera Strengthens North African Presence with ADVA Acquisition
In a big move to cement its footprint in North Africa’s rapidly evolving fintech landscape, Abu Dhabi-based financial services firm Maseera has announced the acquisition…
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What InfiniLink’s $10M Investment Means for Egypt’s Semiconductor Industry
Egypt’s semiconductor scene has taken a significant advancement forward with InfiniLink securing $10 million in seed funding. This investment marks a crucial milestone for the…
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Why Egypt’s Central Bank Decided to Keep Interest Rates Unchanged in 2025
Egypt’s Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) held its meeting on February 20, 2025, making a strategic decision to maintain…
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Modernized Appointment Booking Systems and Reduced Inefficiencies in Various Sectors with Qme’s Latest Seed Funding
Egyptian-based Qme, a vibrant B2B SaaS startup, has raised $3 million in seed funding, marking a major advancement for tech innovation in the Middle East…
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Enhanced Financial Inclusion in Egypt with the First Rotating Savings and Credit Association Prepaid Card
In a significant step towards boosting financial inclusion in Egypt, Mastercard, Money Fellows, and Banque Misr have joined forces to launch the country’s first-ever ROSCA…
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Instant Loans and More Product Offerings for Underbanked Users in Egypt in An Equity Deal by Raseedi
The Egyptian fintech landscape witnessed a significant development recently with Raseedi, a leading player in affordable communication services, announcing the acquisition of Kashat and its…
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Why Egypt’s Foreign Reserves Have Significantly Increased in the Last 6 Months
Egypt’s banking sector continued to show signs of recovery in November 2024, maintaining a net foreign assets (NFA) surplus. However, the surplus narrowed significantly from…
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Customers to enjoy low fees and convenient payments With PayMint Meeza Cards backed by ADIB
PayMint, a leading fintech player in the Egyptian market, has received the green light from the Central Bank of Egypt (CBE) to launch its Meeza…
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Egypt Leads the Way in Secure Digital Payments with Tokenization
Following the Central Bank of Egypt’s (CBE) approval in February 2023, three leading financial institutions, National Bank of Egypt, Banque Misr, and Commercial International Bank…
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