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StartupIPOB2B2CFinance

Fawry

Egypt's leading electronic payments network

Egypt Cairo Founded 2008 1001-5000 Website
Total Raised$150.0MSee the rounds
StageIPO
Users40M+ users
Operating Since2008 (18y)

About Fawry

Fawry for Banking Technology and Electronic Payment is Egypt's largest electronic payment network, enabling consumers to pay bills, purchase products, and access financial services through a vast network of retail touchpoints, mobile wallets, and digital channels. Fawry is publicly listed on the Egyptian Exchange (EGX).

Funding

Total Raised$150.0M

Rounds

IPOAug 7, 2019
$150.0M
IPOAug 1, 2019
$150.0M

Investors

Egyptian American Acquisition CorpCDC GroupIFC

Leadership & Team

Founder(s)

CEO

Traction & Recognition

Users40M+ users

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Quick Facts

CountryEgypt
Founded2008
TypeStartup
ModelB2B2C
Team size1001-5000
Operating in
Egypt