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Mastercard invests in Nclude to boost Egypt’s fintech ecosystem

Mastercard said Tuesday that it has invested in Nclude, an Egyptian financial technology-focused investment fund, to accelerate the growth of the country’s fintech ecosystem...

Fintech ascending: Why Egypt’s banks should embrace change

There is great appetite for innovation and modernization in the Egyptian financial world right now and everybody is trying to get on board. Almost...

Sudan-based fintech startup Bloom raises $6.5 million from Y Combinator and Visa

Sudanese fintech firm Bloom has reportedly raised $6.5 million in a seed funding round led by payments giants Visa, Y Combinator, US-based VCs Global...

Egyptian fintech MNT-Halan’s Tasaheel issues $150 million in securitized bonds

Egyptian fintech startup MNT-Halan said Monday that its wholly-owned subsidiary, Tasaheel, has securitized $150 million of its loan book and plans to use the...

“OPay” announces the launch of its first store in Egypt

OPay Egypt announced the opening of its first “OPay” store in Egypt in the Downtown area in the 5th Settlement, to offer all the...