Fawry
IPOEgypt's leading digital transformation and fintech platform
Public · Cairo, Egypt · Founded 2008 · $100.0M raised
- Total Funding
- $100.0M
- Last Round
- $100.0M Private EquityJan 2015
- Rounds
- 1
- Type
- Public
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
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
10 technologies & apps tracked
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Funding & Exit History
Aug 2019
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Funding: Private Equity. Amounts, valuations, and investors where available.
Investors
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