In today’s top Europe, Middle East and Africa (EMEA) news, the FinTech JUMO raises $120 million to support emerging market entrepreneurs; logistics-based startup ShipBob plans...
Egypt residents can now make instant electronic payments between bank accounts using their mobile phones, thanks to newly approved regulations by Egypt’s central bank, according...
The Egyptian Ministry of Finance has said there are 3,000 companies that have joined the state-run e-invoice platform e-finance for Digital and Financial Investments, a...
Egypt’s central bank has given the green light to licenses that will let merchants accept contactless payments from mobile phones. Reuters reported the announcement Sunday...
Cairo-based startup Capiter announced Monday (Sept. 13) that it has raised $33 million in a Series A funding round to expand its B2B eCommerce platform...
Arab Bank has launched an Egypt branch of its FinTech, artificial intelligence (AI) and cybersecurity accelerator, the bank announced in a press release posted by...
In Egypt, banks have been told to impose a limit on cash withdrawals and deposits in a move to hopefully stop hoarding and inflation. The...
MoneyGram has partnered with Suez Canal Bank to let customers send money right into Egyptian bank accounts, according to a press release. The deal will...
The Egyptian government is investigating the possibility of a feasible transition to a limited, new cash payment system that would replace the ration cards on...