Cairo – Mubasher: Ebtikar for Financial Investment on Monday announced it has acquired a 33.7% holding in the software development and e-payment company Masary.

The transaction has been executed at a value of EGP 130 million, Ebtikar highlighted in a filing to the Egyptian Exchange.

It is worth noting that Ebtikar had invested in the payment solution firm TBI (Bee), as well as in Vitas Egypt for microfinance, last year.