Egypt
The 3 Largest National Egyptian Banks Launch $85 million Fintech MEA Fund
Egypt’s largest national banks – Banque Misr, National Bank of Egypt, and Banque du Caire – and Global Ventures, a leading MEA-focused venture capital firm – announce the launch of Nclude by Global Ventures, following approval by the Central Bank
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Egypt Among Top 4 Fintech Ecosystems in Africa
Over the past few years, Egypt’s fintech sector has grown at a rapid pace as the startup ecosystem thrives and investment surges. In its first industry report, Fintech Egypt, an initiative of the Central Bank of Egypt, delves into that
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Egyptian Digital Investment Platform Raises $20 Million
Thndr, the Egyptian digital investment platform, announced a new $20 million series A investment. The round was co-led by Tiger Global, BECO Capital and Prosus Ventures, in addition to participation from Base Capital, first-minute and existing investors Endure Capital, 4DX
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Arab Bank Wraps Up First Edition of Egypt Fintech Bootcamp
Arab Bank Egypt has concluded the first edition of its fintech bootcamp for Egyptian startups, with cash funding provided to three winning fintech startups. The one-week bootcamp took place between the 21st and the 25th of November this year, according
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6 Biggest African Fintech Hubs Take the Spotlight
African fintech hubs have grown rapidly in the past few years, leading to pockets of fintech development across the continent. According to Findexable’s Global Fintech Rankings Report, 14 of the top Middle East and African fintech hubs came from the
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These Are the 8 Top Funded Fintech Startups in Egypt
Financial inclusion is on the developmental agenda in Egypt, and fintech startups in Egypt are one of the key driving forces to achieve this kind of adoption. Digital payments is expected to be the most benefited vertical within the fintech
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Africa Fintech Summit 2021: Africa’s Number One Fintech Event Returns to Cairo this November
Over 500 fintech startups across multiple categories and counting. Nearly US$900 million raised in capital in the last 7 years, twice the amount garnered by any other African tech sector. And thousands of adopters with millions still yet to be
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AFTS Cairo 2021: Africa’s Premier Fintech Event Returns this November
The sixth Africa Fintech Summit (AFTS) will take place at the St. Regis hotel in Cairo, Egypt on November 16, 2021. The Summit takes place as the world heals and evolves from the COVID-19 pandemic, and as Africa’s fintech industry
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These 7 Digital Banks in Africa Are Heating up the Competition
In the context of digital banks in Africa, two challenger banks have clearly made their mark. One of these is the 2019-launched TymeBank from South Africa. TymeBank is the biggest digital bank in Africa by funding, having raised about US$169
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5 Out of 7 Tech Unicorns in Africa Come From Fintech
Africa is seeing a rush of funding for its fintech sector, and some companies have already emerged as the continent’s biggest fintech bets, becoming unicorns in Africa. African fintech companies have raised more in the first seven months than they
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