Egypt Ride Hailing Service Market Size, Share & Trends Analysis Report 2021-2028 apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
RPT-Egypt eyes surge in fintech investment after new laws reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
CAIRO: New legislation and regulatory changes in Egypt are set to unleash a surge in new fintech investments and change the way the country’s largely unbanked citizens do business, industry players say.
Fintech innovation in Egypt has trailed other emerging market powerhouses such as China, India, Kenya and Indonesia, a situation the industry hopes the new legal environment will change.
One innovator is MNT NV, a microfinance lending and payments company with more than a million active customers and a 21.7 percent market share. It has just completed a share swap to take over fintech company
Halan Inc., Mounir Nakhla, a cofounder of both firms, told Reuters. The deal had not previously been reported.
Arab Finance - News - GB Auto s MNT merges with Halan arabfinance.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabfinance.com Daily Mail and Mail on Sunday newspapers.