Egyptian entrepreneur Mounir Nakhla’s MNT-Halan reaches $1-billion valuation in funding round
Under Nakhla, the fintech startup made strides in expanding its portfolio in 2022 with the strategic acquisition of Talabeyah.
Egyptian fintech
Egyptian fintech founder Ashraf Sabry’s Fawry reports $5.1 million in profit in H1 2022
Fawry’s market cap is $640 million, while Sabry’s 2.345-percent stake is valued at $15 million.
Egyptian fintech founder Ashraf Sabry loses $1.4 million from Fawry stake in 38 days
Fawry is one of Africa’s few listed fintech companies.
Egyptian tycoon Ashraf Sabry’s Fawry records over $13 million in net profits in 2021
Fawry is one of Africa’s leading fintech companies, offering more than 250 e-payment services.