Fawry for Banking Technology and Electronic Payments SAE (FWRY)

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News

18 May 11:13 AM Fawry records EGP 2.4bn consolidated revenues in Q1-26

Cairo - Mubasher: The consolidated net profits after tax of Fawry for Banking Technology and Electronic Payments hiked to EGP 792.75 million in the first quarter (Q1) of 2026 from EGP 641.66 million in Q1-25 Revenues also climbed to EGP 2.41 …

Company News

27 April 04:38 PM EBRD grants Fawry MSME EGP 250m facility to accelerate youth-led SME projects

Cairo – Mubasher: Fawry MSME Finance, a fully owned subsidiary of Fawry for Banking Technology and Electronic Payments, has secured EGP 250 million in financing from the European Bank for Reconstruction and Development (EBRD). The facility will …

Company News

20 April 02:46 PM Fawry to launch microinsurance subsidiary to boost Egypt’s financial inclusion

Cairo - Mubasher: Fawry for Banking Technology and Electronic Payments has received the Financial Regulatory Authority's (FRA) approval to establish a dedicated microinsurance subsidiary, with a paid-in capital of EGP 60 million. Fawry for …

Company News

5 March 02:12 PM Fawry logs higher consolidated profits at EGP 3bn in 2025

Cairo - Mubasher: Fawry for Banking Technology and Electronic Payments posted an annual jump in consolidated net profits after tax to EGP 3.10 billion in 2025, compared with EGP 1.74 billion. The basic and diluted earnings per share (EPS) totaled …

Banking and Finance

18 November 2025 10:48 AM Fawry records EGP 2bn profits in 9M-25; total transactions jump 7%

Cairo – Mubasher: The net profits after tax and non-controlling interest (NCI) of Fawry for Banking Technology and Electronic Payments hit EGP 2.03 billion in the first nine months (9M) of 2025. The recorded earnings were higher by 84% …

Financial Results

9 September 2025 03:46 PM Fawry partners with CDS Solutions to boost digital payment integration in Egypt

Cairo - Mubasher: Fawry for Banking Technology and Electronic Payments has signed a strategic partnership with CDS Solutions, Odoo’s certified Golden Partner in Egypt, to integrate its point-of-sale (POS) systems directly with Odoo’s POS platform. …

Companies Investments

17 August 2025 10:43 AM Fawry’s consolidated profits skyrocket by nearly 100% in H1-25

Cairo – Mubasher: Fawry for Banking Technology and Electronic Payments registered 99.90% year-on-year (YoY) higher net profits after tax and non-controlling interest (NCI) at EGP 1.25 billion in the first half (H1) of 2025. The generated net …

Financial Results

28 May 2025 01:05 PM Fawry MSME Finance closes 1st securitized bond issuance at EGP 497.5m

Cairo – Mubasher: Fawry MSME Finance, a fully owned subsidiary of Fawry for Banking Technology and Electronic Payments, completed its first securitization issuance at a value of EGP 497.50 million, according to a press release. CI Capital served …

Banking and Finance

18 May 2025 07:49 AM Fawry delivers strong financial growth in Q1-25 via 97% higher profits

Cairo – Mubasher: Fawry for Banking Technology and Electronic Payments achieved net profits after tax and non-controlling interest (NCI) valued at EGP 605.37 million in the first quarter (Q1) of 2025. The registered net profits were 97.10% …

Banking and Finance

19 March 2025 11:37 AM Contact, Fawry join forces to expand digital payment solutions

Cairo – Mubasher: Contact Financial Holding penned a deal with Fawry for Banking Technology and Electronic Payments to enable Contact’s buy now, pay later (BNPL) service across Fawry’s extensive payment network. This cooperation supports Egypt's …

Companies Investments

2 March 2025 05:31 PM Fawry’s consolidated profits leap in 2024; revenues hit EGP 5.5bn

Cairo – Mubasher: Fawry for Banking Technology and Electronic Payments recorded consolidated net profits after tax valued at EGP 1.74 billion in 2024, up year-on-year (YoY) from EGP 815.96 million. Basic and diluted earnings per share (EPS) jumped …

Financial Results

4 December 2024 01:37 PM Fawry’s BNPL transactions cross EGP 2bn

Cairo – Mubasher: Fawry MSME, a fully-owned subsidiary of Fawry for Banking Technology and Electronic Payments, has facilitated 70,000 transactions at a total value of EGP 2 billion. Fawry provided more than 50,000 merchants with Egypt’s first buy …

Companies Investments

18 November 2024 01:00 PM Fawry records EGP 1.1bn profits in 9M-24; revenues jump 66%

Cairo – Mubasher: The net profits attributable to the owners of Fawry for Banking Technology and Electronic Payments hiked by 127.40% to EGP 1.10 billion during the first nine months (9M) of 2024. The recorded net profits were compared with EGP …

Financial Results

14 October 2024 02:57 PM Fawry, Bel Egypt partner to enhance digital financing solutions for retailers

Cairo – Mubasher: Fawry for Banking Technology and Electronic Payments and Bel Egypt signed a strategic cooperation agreement to provide digital financing solutions for retailers under Bel Egypt's loyalty programme Enaya. The joint deal …

Companies Investments

11 September 2024 03:32 PM Fawry acquires 80% of Svreico administrative building

Cairo – Mubasher: Fawry for Banking Technology and Electronic Payments entered into a new agreement with Svreico Real Estate Investment Company to acquire an 80% stake in the Svreico administrative building in the Smart Village. The EGX-listed …

Mergers and Acquisitions

15 August 2024 00:17 PM Fawry sees 111% higher consolidated net profits in H1-24

Cairo – Mubasher: Fawry for Banking Technology and Electronic Payments logged 111.10% higher consolidated net profits at EGP 685.91 million in the first half (H1) of 2024. The recorded net profits were compared to EGP 324.84 million in H1-23, …

Financial Results

25 July 2024 10:17 AM NBE raises stake in 4 EGX-listed entities

Cairo – Mubasher: The National Bank of Egypt (NBE) increased its stake in the Export Development Bank of Egypt (EBank) and three other companies, according to bourse disclosures. Through its NBE DIFC, NBE purchased 950,000 shares in the EGX-listed …

Companies Investments

3 July 2024 11:22 AM Link Holdco cuts stake in Fawry to 5%

Cairo – Mubasher: Link Holdco lowered its equity ownership in Fawry for Banking Technology and Electronic Payments to 4.99% from 5.09%, according to a bourse disclosure. Link Holdco sold 3.39 million shares in Fawry at a value of EGP 20.66 million …

Companies Investments

1 July 2024 05:24 PM Fawry sees EGP 1bn block-trading

Cairo – Mubasher: Fawry for Banking Technology and Electronic Payments has witnessed a block-trading transaction of EGP 1.02 billion on Monday, 1 July 2024. The deal was executed on 170.24 million shares, according to an announcement. In the first …

Mergers and Acquisitions

14 May 2024 10:44 AM Fawry’s consolidated profit jumps to EGP 334m in Q1-24

Cairo – Mubasher: The consolidated net profit after tax of Fawry for Banking Technology and Electronic Payments soared to EGP 333.71 million in the first quarter (Q1) of 2024 from EGP 142.05 million in the similar quarter a year earlier. …

Financial Results

7 April 2024 00:25 PM Egypt leads Middle East in Forbes fintech ranking with 13 companies

Cairo – Mubasher: Egypt led the Middle East as the most represented country in the Forbes ranking list of the region’s top companies in the financial technology (fintech) sector. The 13 Egyptian companies represented in the list include Fawry for …

Companies Investments

5 March 2024 11:27 AM Fawry logs 150% YoY higher consolidated profit in 2023

Cairo – Mubasher: Fawry for Banking Technology and Electronic Payments posted a 149.50% year-on-year (YoY) surge in consolidated net profit after tax to EGP 815.96 million in 2023 from EGP 327.05 million. Total consolidated revenue jumped 43.60% …

Banking and Finance

5 March 2024 10:48 AM Fawry Dahab, PayMe to facilitate Egyptian expatriates transactions worldwide

Cairo – Mubasher: Fawry for Banking Technology and Electronic Payments penned an agreement with PayMe Digital to bolster payment services targeting expats worldwide, according to a press release. Fawry Dahab and PayMe will join forces to enable …

Companies Investments

26 February 2024 11:21 AM Fawry teams up with LA Market to foster digital transformation

Cairo – Mubasher: Fawry for Banking Technology and Electronic Payments signed a strategic cooperation agreement with LA Market, an exhibition and conference management company. The joint deal is a part of Fawry’s efforts to bolster growth and …

Companies Investments

28 December 2023 01:53 PM Fawry, Simple Touch to boost digital payments in MENA's F&B sector

Cairo – Mubasher: Fawry for Banking Technology and Electronic Payments teamed up with Simple Touch to enhance software and enterprise resource planning (ERP) solutions in the food and beverage (F&B) sector across the region. The partnership will …

Companies Investments