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Fawry receives Islamic financing license from FRA

Fawry, Egypt’s leading fintech company, announced that its fully owned subsidiary, Fawry MSME Finance, has secured an Islamic financing license from the Financial Regulatory Authority (FRA).

Updated 3/19/2025 10:10:00 AM
Contact expands BNPL service through Fawry’s payment network

Contact Financial Holding has signed an agreement with Fawry to expand their partnership by integrating Contact’s buy now, pay later (BNPL) service across Fawry’s payment network, which includes over 370,000 points of sale and its online platform.

Updated 3/18/2025 11:56:00 AM
HC Brokerage, Fawry Plus team up to enhance trading, investment services

HC Brokerage has signed a cooperation agreement with FawryPlus for Banking Services to simplify trading in the stock market

Updated 3/13/2025 10:18:00 PM
Fawry signs partnership with Ottu to expand online payment solutions in Egypt

Fawry, Egypt’s leading fintech company, has signed a mutual collaboration agreement with Ottu, a Middle Eastern Online Payment Management System provider, marking Ottu’s first partnership in Egypt

Updated 3/9/2025 12:55:00 PM
Fawry’s consolidated profits hike 124.6% in 2024

Fawry for Banking Technology and Electronic Payment logged consolidated net profits after tax and non-controlling interest worth EGP 1.606 billion in 2024

Updated 3/2/2025 1:15:00 AM
Fawry acquires stakes in 3 Egyptian tech companies for EGP 80M

Fawry for Banking Technology and Electronic Payments has invested EGP 80 million in three major Egyptian tech firms

Updated 2/26/2025 11:06:00 AM
Fawry acquires 56% majority stake in Virtual CFO

Fawry for Banking Technology and Electronic Payments announced its acquisition of 56% of Virtual CFO

Updated 2/24/2025 2:32:00 AM
Fawry launches e-wallet deposit, withdrawal service via partnership with Banque Misr, EBC

Fawry partnered with Banque Misr and Egyptian Banks Company for Technology Advancement (EBC) to launch a new cash in and out interoperable for e-wallets via Meeza Digital Scheme

Updated 2/18/2025 12:23:00 PM
Fawry launches ‘Fawry Business’ to bolster digital transformation in Egypt

Fawry for Banking Technology and Electronic Payment has launched ‘Fawry Business’ to facilitate business operations and enhance efficiency

Updated 2/13/2025 8:40:00 AM
Fawry to launch money transfer service soon: CEO

Fawry for Banking Technology and Electronic Payment wiill launch the money transfer service soon via ‘myfawry’ app after obtaining the approval of the Central Bank of Egypt (CBE).

Updated 2/12/2025 12:20:00 PM
Fawry partners with PharmaOverseas to revolutionize Egypt’s pharmaceutical distribution sector

Fawry for Banking Technology and Electronic Payment entered into a strategic partnership with PharmaOverseas to foster the pharmaceutical distribution sector in Egypt

Updated 2/5/2025 3:17:00 AM
Fawry gears up for financial activities, investment opportunities

Fawry for Banking Technology and Electronic Payment (FWRY) is set to add new financial activities and investment opportunities over the coming period.

Updated 12/10/2024 9:46:00 AM
Fawry MSME facilities EGP 2B worth of transactions via Alnota since early 2024

Fawry MSME, a fully owned subsidiary of Fawry, has facilitated 750,000 transactions with a total value of EGP 2 billion since the beginning of 2024 via its buy now, pay later (BNPL) digital solution for Fawry merchants, “Alnota” Overdraft.

Updated 12/3/2024 10:14:00 AM
Fawry records 127.43% surge in consolidated profits in 9 months

Fawry for Banking Technology and Electronic Payment (FWRY) reported a 127.43% year-on-year (YoY) climb in consolidated profit attributable to the parent company during the first nine months of 2024.

Updated 11/17/2024 9:19:00 AM
Fawry’s Soft POS solution achieves CPOC, MPOC certifications

Fawry’s fully in-house developed Soft POS solution has successfully completed the MPOC certification cycle, positioning it as the first company in the MENA region to achieve both CPOC and MPOC certifications and the 10th globally to receive the MPOC certification.

Updated 11/4/2024 11:49:00 AM
Zoho allocates $35M in partnership with Fawry to digitally empower businesses in Egypt

Fawry and Zoho Corp, a leading global technology company, have signed a memorandum of understanding (MoU) to accelerate the digitalization of Egyptian businesses.

Updated 10/24/2024 11:31:00 AM
Fawry launches Sehetak Fawry medical insurance product

Fawry, Egypt's leading e-payments solutions provider, has introduced its new medical insurance product, "Sehetak Fawry," as part of its strategy to expand its financial services offerings.

Updated 10/17/2024 10:42:00 AM
Fawry, Bel Egypt cooperate to promote digital financing solutions for retailers

Fawry has signed a strategic cooperation agreement with Bel Egypt, a global leader in dairy products to provide digital financing solutions for retailers under the latter’s loyalty program Enaya.

Updated 10/13/2024 3:15:00 AM
Fawry’s BNPL business surpasses EGP 1B in over a year

Fawry for Banking Technology and Electronic Payment’s buy now, pay later (BNPL) business has exceeded EGP 1 billion in total disbursement as of September 2024.

Updated 10/1/2024 10:41:00 AM
Fawry inks deal to acquire 80% of SVREICO’s administrative building

The Smart Village Real Estate Investment Company (SVREICO) has sealed an agreement with Fawry for Banking Technology and Electronic Payment, providing Fawry with additional space and more upgraded infrastructure at SVREICO’s administrative building.

Updated 9/8/2024 12:46:00 PM