Egypt

Paymob Teams With Arabic Streaming Platform Shahid
Paymob Teams With Arabic Streaming Platform Shahid
March 09, 2023  |  Partnerships

Paymob wants to help Egyptian consumers pay for streaming video via eWallets. The financial services company announced in a Thursday (March 9) press release that...

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Legacy Payments Infrastructure Holds Small Merchants Back in Emerging Markets
Legacy Payments Infrastructure Holds Small Merchants Back in Emerging Markets
February 16, 2023  |  Digital Payments

The imbalance between payments issuance and acceptance is a major pain point in emerging markets. According to Islam Shawky, co-founder and CEO at Cairo-based digital...

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Egyptian FinTech MNT-Halan Announces $400M of Fresh Funding
Egyptian FinTech MNT-Halan Announces $400M of Fresh Funding
February 01, 2023  |  Investments

Egypt’s MNT-Halan has raised $400 million at a valuation of over $1 billion. The funding was announced by the Cairo-based FinTech on Monday (Feb. 1)....

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X-ERA and Paymob Enable Digital B2B Payments for Egyptian Merchants
X-ERA and Paymob Enable Digital B2B Payments for Egyptian Merchants
January 23, 2023  |  B2B Payments

X-ERA and Paymob have partnered to help Egyptian merchants make digital B2B payments. The collaboration brings together Paymob’s payment acceptance technology and X-ERA’s mobile app...

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Egypt’s Contact Wants to Boost Sustainability With ‘Green Finance’
Egypt’s Contact Wants to Boost Sustainability With ‘Green Finance’
December 26, 2022  |  Investments

Egyptian financial firm Contact wants to promote sustainability with a new product dubbed “Green Finance.” According to a Monday (Dec. 26) news release, the product...

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ADVA and One Finance Team on Egyptian BNPL Offering
ADVA and One Finance Team on Egyptian BNPL Offering
December 05, 2022  |  Payment Methods

One Finance and ADVA have partnered to expand consumer financing in Egypt. The two digital lending platforms announced the partnership on Monday (Dec. 5) in...

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MENA Food Retailers Tap Tech to Improve Supply Chain Inefficiencies
MENA Food Retailers Tap Tech to Improve Supply Chain Inefficiencies
November 29, 2022  |  Supply Chain

In Egypt, small firms, including mom-and-pop stores, make up about 90% of local food and grocery sector, with the “Walmarts and the Walgreens of Egypt...

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MENA Platforms Leverage Social Commerce to Appeal to Connected Consumers
MENA Platforms Leverage Social Commerce to Appeal to Connected Consumers
November 22, 2022  |  eCommerce

In Egypt’s eCommerce market, two retail models sit side by side. On the one hand, there are the big players, which provide a reliable service...

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Pure-Play Auto Retailers Leverage Immersive VR Car-Buying Experiences to Attract Buyers
Pure-Play Auto Retailers Leverage Immersive VR Car-Buying Experiences to Attract Buyers
November 21, 2022  |  Merchant Innovation

Considering that the Egyptian pound has lost nearly a quarter of its value against the greenback since the beginning of 2022, while the country’s car...

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