Fawry
IPOEgypt's leading digital transformation and fintech platform
Cairo, Egypt · Founded 2008 · $100.0M raised
- Headquarters
- Cairo
- Employees
- 5001–10000
- Founded
- 2008
- Business Model
- B2B2C
- Website
- fawry.com
- Total Funding
- $100.0M
- Last Round
- $100.0M Private EquityJan 2015
- Rounds
- 1
About
Fawry for Banking Technology and Electronic Payments is Egypt's leading digital transformation and fintech platform, founded in 2008 by Ashraf Sabry and Mohamed Okasha. It revolutionized omnichannel payments across Africa and the Middle East, offering 1,186+ financial services through 225,000+ locations including ATMs, mobile wallets, and retail points. A publicly listed company, Fawry serves 29.3M customers and processes 3M+ daily transactions worth 81B EGP annually.
Summary
Fawry is a Fintech company based in Cairo, Egypt, founded in 2008. It has raised $100.0M in total across 1 round, most recently a $100.0M Private Equity round in Jan 2015. Investors include Helios Investment Partners, Egyptian-American Enterprise Fund and International Finance Corporation.
Tech & App Stack
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Funding History
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Aug 2019
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Private Equity through IPO — per-round amounts, valuations, and who invested in each round.
Investors
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