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One Finance launches integrated consumer financing in Egypt market

News | Online Payments | 17 Oct 2022

Egypt-based financing platform One Finance has launched Buy Now, Pay Later in the country with an issued and paid capital worth USD 5 million.

BNPL, financing , lending, expansion, instalment payments

Mastercard and Kashat sign five-year agreement

News | Online & Mobile Banking | 09 Feb 2022

Mastercard and Kashat have signed a five-year agreement that will help digitise the onboarding, disbursement, and collection processes for MENA’s nano financial service provider.

MasterCard, fintech, partnership, financial services, digitalisation

Mobile wallet transactions in Egypt increase 160% to USD 14.7 bln

News | E-invoicing, SCF & E-procurement | 10 Jan 2022

The Financial Regulatory Authority (FRA) of Egypt has announced that mobile wallets accounts increased 27% to 25 million in 2021, with 227 million transactions.

digital wallet, mobile payments, data, financial inclusion, e-invoicing

FRA issues controls for licensing SME finance companies

News | E-invoicing, SCF & E-procurement | 04 Nov 2020

The Financial Regulatory Authority (FRA) has issued licensing rules and procedures for companies wishing to engage in financing activities of small and medium-sized enterprises (SMEs), according to Daily News Egypt.

Financial Regulatory Authority, SMEs, licensing, financing

Prime FinTech launches Endorse

News | Online & Mobile Banking | 19 Oct 2020

Egypt-based Prime FinTech has announces the start of its market activities in the Egyptian market by launching its first company, Endorse, with a paid-in capital of USD 3.2 million.

Prime Fintech, Endorse, Egypt, FRA, consumer finance, leasing, factoring

Egypt's central bank to support e-payments, fintech, and more

News | Payments General | 17 Mar 2020

Measures to support electronic payment system and financial technology (fintech) have been reviewed by the Central Bank of Egypt (CBE).

e money, Maaza, fintech, registry, settlements, payment cards, PIS, cash contactless payments, electronic payments, Central Bank of Egypt, CBE

FedEx Trade Networks upgrades LATAM trade lane shipping services to meet customer demand

News | Ecommerce | 04 Feb 2015

FedEx Trade Networks, the freight forwarding and customs brokerage arm of FedEx, is upgrading its services for trade lanes connecting destinations in Latin America to meet customer demands.

FedEx Trade Networks, LATAM, trade lane, shipping services, customer demand, US, EU, Germany