This article showcases our top picks for the best Egypt based Fintech (Financial Technology) companies. These startups and companies are taking a variety of approaches to innovating the Fintech (Financial Technology) industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top Egypt Fintech (Financial Technology) Companies
Paymob is a regional digital payments enabler that builds payments infrastructue technologies empowering the underserved with access to financial services. Paymob is bridging the financial inclusion gap in MEA region by enabling businesses of all sizes to benefit from the power of digital payments and what it unlocks.
Paymob was founded in 2015 and headquartered in Cairo, Egypt.. .
Thndr is a financial services company that operates an app-based investment platform. It comes with 0% commission, no account minimum, access to market data, easy account setup, and funding processes.
Users can also get access to the latest news, market data, and other educational tools. Seif Amr established the company in 2020 in Cairo, Al Qahirah, Egypt..
Capiter provides a payment method that offers cash flow solutions for small to medium-sized businesses. It pays suppliers immediately for the sales of their goods to their business buyers and collects the payments from their buyers with flexible payment plans.
The company was founded in 2019 and is headquartered in Cairo, Egypt.. .
Headquartered in Egypt, ennota is a young financial management startup, focusing on cash flow management, budgeting and projections for small businesses in the MENA region. Our flagship product, ennota.com, is a cloud based, cross platform cash flow management tool catering to small businesses in the MENA region.It is a cash flow management tool that is a secure and enables small businesses to record their transactions and view their data it in a visually intuitive way, specifically designed for business owners with no strong technical knowledge or strong accounting background.
ennota.com is fully customizable, in order to allow businesses to tailor-fit their own business spending and expenditure categories, and view trends that are critical to them making informed business decisions based on their own data. Using crisp and powerful visual reporting, we enable business owners to get as detailed or summary level view of their business financials in simple manner..
Kashier is a payment management platform for commerce and retail businesses that provide tools used for running a business. The toolkit covers subscriptions to invoices and online payments and is built with the capability to meet the rapidly evolving needs of today’s fast-growing businesses, from small startups to large enterprises.
Mohamed Mohsen founded it in Gîza, Al Jiza in 2017.. .
We invest in bold entrepreneurs creating meaningful change in financial services. We favor fast moving, forward thinking teams with deep market insights and an unquenchable appetite for growth.
We back groundbreaking businesses with fundamentally distinguishable characteristics and disruptive business models. CVentures is geography agnostic.
We invest in technology leaders across local and cross-border startup ecosystems.. .
Kashat, is a mobile financial services company aimed at serving the financial needs of the unbanked and underbanked in Egypt. Through its mobile app, Kashat, instantly lends small loans to the financially excluded.
The service uses alternative cellular data to underwrite thin file(people who have never had access to credit before) customers to cultivate a financial identity by building a credit history with Kashat. Once customers have signed up and been approved for a loan, they hcan withdraw their loans through mobile wallets and other digital payment services.
The entire process is enabled digitally, through Kashat’s user friendly mobile app. Kashat is regulated by the Financial Regulatory Authority in Egypt..
EasyKash is an online payment platform that helps receive your payments online through diverse payment options and provides an easy process for the customers. It makes it easy, safe, and simple to sell products online.
EasyKash was founded in 2019 and is headquartered in Cairo, Egypt.. .
The Emerging Markets Payments Group was established to deliver world-class electronic payments services to banks, retailers, governments and consumer finance institutions across the Middle East and Africa. The EMP Group is committed to remain at the forefront of this revolution by creating a payments platform that drives card penetration and other payment methodologies in these emerging markets.
The EMP Group concluded its first acquisition (MSCC, based in Egypt) in July 2010 and its second acquisition (Visa Jordan Card Services, based in Jordan) in August 2011. Its third acquisition (ACET Processing, based in South Africa) was concluded in February 2012.
EMP Group now serves more than 130 banks and 30,000 retailers and other merchants across 45 countries in Africa and the Middle East and offers the full range of card schemes, including Visa, MasterCard, American Express, Diners Club and China UnionPay, and can address all payments channels, including card, mobile and internet.. .
EFG EV Fintech
EFG EV Fintech is investing in startups and bolstering the Fintech ecosystem in the process. EFG EV Fintech combines the financial know-how of EFG Hermes and entrepreneurial expertise of Egypt Ventures to launch the a Fintech-focused startup accelerator.
They invest in rising Fintech startups with the potential to grow domestically and expand beyond the Egyptian market. EFG EV Fintech also provides innovators with the fully integrated services they need to thrive – from funding to mentorship, to training, and office space..
PassApp is a digital key on a mobile wallet that is used to access certain gates and doors. It helps to digitize identity, access control, and payment instead of metal keys or plastic cards.
Founded by Hany Al Boraie in 2015, PassApp is headquartered in Cairo, Egypt.. .
138 Pyramids is a venture capital fund that seeks minority private equity stake in start-ups and early growth stage companies. It was launched and managed by Delta Inspire in an effort to contribute an active role in supporting Egyptian startups and enhancing the development of the Small and Medium Enterprise “SME” sector.
It aims to target high impact businesses with high employment opportunities at their early stages to either incubate them or accelerate their growth, unraveling their true potential. 138 Pyramids was founded in 2014..
NoQood is a financial platform that aims to provide users with information about Egyptian financial market products and services. It helps to learn and compare different financial products and services to make a better financial decision.
Founded in 2017 by Adham Mamdouh and Ahmed Bassiouny, NoQood is based in Alexandria, Egypt.. .
A VC growth accelerator, investing in early stage -pre-Series-A startups with a regional/global growth potential- We designed a comprehensive 6 month technical and business program, tailor-made for each team. We hand-pick a couple of teams per cycle to ensure they get our full attention.
We host them at our cool space in Cairo and work on getting them up and running, ready to compete on a global stage and connect them with the necessary opportunities & funds to become sustainable.. .
Cubit Ventures is a Founder Institute supported VC fund backing tech & SaaS startups driving digital transformation in Egypt. Founded by Global 500 Industry and Technology Executives, Cubit Ventures is capitalising on Egypt’s imminent ascent from a top 20 to top 10 economy.
On both the supply and demand side, industries in Egypt including Healthcare, Financial Services & Retail, are urgently embracing digital transformation & automation technologies. Egypt’s recent financial inclusion mandate is a catalyst for industries to transform to Digital Operating Models historically hampered by dominate cash-based practices.
Cubit Ventures invests in early-stage Tech & SaaS startups driving current digital enterprise transformation in Egypt. Cubit Ventures unique active LP model brings our significant network of tech executives as invested stakeholders to our entrepreneurs.
The founder’s decades of operating experience provide our entrepreneurs “hands on” guidance during crucial early lifecycle stages and beyond. As the global flow of products, services, capital and resources are being reevaluated, Cubit Ventures is well situated to drive tremendous economic value for its investors while making an outsize impact on Egypt..
qarenly.net is Egypt’s leading financial comparison website. We help you find better financial products for your specific needs.
Whether you need a personal loan, credit card or savings account, we get you the information you need to choose better.. .
Egyptian Mortgage Refinance Company
EMRC is a specialized financial institution that provides funds refinancing to primary mortgage lenders, it will raise funds initially through long-term loans from institutional investors and equity contributions from the founding investors its shareholders, and from bond markets by becoming a well rated and regular issuer in the capital markets. The Egyptian Mortgage Refinance Company was incorporated under Law 148 for the year 2001.
EMRC authorized capital amounts to EGP 640,000,000 whereas the issued and paid up capital amounts to EGP 369,542,000 divided over 369,542 shares (306,466 common shares and 63,076 preferred shares). EMRC was established in June 2006 to assume the role of a market maker and lay the foundation of an active secondary market with a primary mandate to operate as a second-tier, wholesale, market-based liquidity facility focused on refinancing mortgage loans originated by Primary Mortgage Lenders (PMLs).
The Company began actual operations in August 2008.. .
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