Egyptian credit fintech Lucky raises $25m Series A
The cash will go towards cementing Lucky’s position in the market and building out its credit offering.
Egypt
ICYMI fintech funding round-up: Payrails, Nexta, Malaa Technologies, & Playter
Our weekly fintech round-up for you to get the latest funding news from around the world.
Egypt’s MIDBANK picks Temenos for digital banking revamp
Temenos’ Transact and Infinity products will replace the bank’s legacy systems.
New fintech Z-Walet plans Egyptian launch targeting Gen Z
Founded in 2020, the firm is still at the waiting list stage.
Cloud payroll fintech dopay raises $18m in Series A round
New raise will go towards product expansion in its sole Egyptian market.
Fintech ecosystem MNT-Halan lands $120m funding
The Egyptian digital platform connects merchants and users who are typically excluded from financial institutions.
OPay becomes Africa’s latest fintech unicorn with $400m Series C round
The Nigerian start-up says the new investment takes its valuation up to $2 billion.
Fintech start-up dopay gains Egyptian banking licence
The payroll company is looking to launch a new digital banking platform in the country.
Exclusive: Central Bank of Egypt selects collection of Oracle FS platforms
Central bank picks a range of systems from digital banking to treasury and credit facilities.
Egyptian fintech Paymob lands country a record $18.5m Series A
The Series A followed a $350,000 seed raise in 2019.
