Ashraf Sabry’s Fawry gains $53 million in single day after seeing over $123.4 million in block deals
Fawry is one of Africa’s leading fintech companies.
Fawry is one of Africa’s leading fintech companies.
Sabry, who founded the payment platform in 2008 and pioneered electronic bill payments in Egypt, owns 2.345 percent of the company.
Fawry Microfinance is an operating subsidiary of Fawry for Banking Technology and Electronic Payments.
With a market capitalization of more than $1 billion, Fawry is one of Africa’s few tech unicorns.
Fawry is one of Africa’s few tech unicorns.
With a market capitalization of $1.38 billion, Fawry is one of Africa’s few tech companies worth over $1 billion.
Alsoug is a Sudanese startup that allows consumers to buy and sell products and services online.
The multimillion-dollar gain in his stake is due to investors reacting positively to the group’s half-year results.