Egyptian fintech founder Islam Shawky’s Paymob raises $22 million
The latest funding follows a $50-million Series-B round in 2022 led by PayPal Ventures, Kora Capital and Clay Point.
Egyptian fintech founder
Egyptian fintech founder Ashraf Sabry takes $1.5 million hit from Fawry stake
Sabry, a leading Egyptian entrepreneur who launched the payment platform in 2008, owns a 2.345 percent stake in Fawry.
Egyptian fintech founder Ashraf Sabry gains $1.3 million from Fawry stake
Sabry, who launched the payment platform in 2008 and pioneered electronic bill payments in Egypt, controls 2.345 percent of Fawry.
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.
Meet Islam Shawky, Egyptian fintech founder who secured $50 million for his startup in May
Paymob has facilitated more than 120 million transactions worth more than $324.6 million under Shawky’s leadership.
Egyptian fintech founder Ashraf Sabry gains $1.6 million in 38 days from stake in Fawry
The bump in the market value of his stake cements his position as one of the richest investors on the Egyptian Stock Exchange.