Egypt

X-ERA and Paymob Enable Digital B2B Payments for Egyptian Merchants
X-ERA and Paymob Enable Digital B2B Payments for Egyptian Merchants
January 23, 2023  |  B2B Payments

X-ERA and Paymob have partnered to help Egyptian merchants make digital B2B payments. The collaboration brings together Paymob’s payment acceptance technology and X-ERA’s mobile app...

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Egypt’s Contact Wants to Boost Sustainability With ‘Green Finance’
Egypt’s Contact Wants to Boost Sustainability With ‘Green Finance’
December 26, 2022  |  Investments

Egyptian financial firm Contact wants to promote sustainability with a new product dubbed “Green Finance.” According to a Monday (Dec. 26) news release, the product...

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ADVA and One Finance Team on Egyptian BNPL Offering
ADVA and One Finance Team on Egyptian BNPL Offering
December 05, 2022  |  Payment Methods

One Finance and ADVA have partnered to expand consumer financing in Egypt. The two digital lending platforms announced the partnership on Monday (Dec. 5) in...

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MENA Food Retailers Tap Tech to Improve Supply Chain Inefficiencies
MENA Food Retailers Tap Tech to Improve Supply Chain Inefficiencies
November 29, 2022  |  Supply Chain

In Egypt, small firms, including mom-and-pop stores, make up about 90% of local food and grocery sector, with the “Walmarts and the Walgreens of Egypt...

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MENA Platforms Leverage Social Commerce to Appeal to Connected Consumers
MENA Platforms Leverage Social Commerce to Appeal to Connected Consumers
November 22, 2022  |  eCommerce

In Egypt’s eCommerce market, two retail models sit side by side. On the one hand, there are the big players, which provide a reliable service...

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Pure-Play Auto Retailers Leverage Immersive VR Car-Buying Experiences to Attract Buyers
Pure-Play Auto Retailers Leverage Immersive VR Car-Buying Experiences to Attract Buyers
November 21, 2022  |  Merchant Innovation

Considering that the Egyptian pound has lost nearly a quarter of its value against the greenback since the beginning of 2022, while the country’s car...

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Egyptian B2B eCommerce Platform SPEED Acquired by X-ERA
Egyptian B2B eCommerce Platform SPEED Acquired by X-ERA
November 11, 2022  |  Acquisitions

The UAE-based logistics tech company X-ERA has completed its takeover of the Egyptian business-to-business (B2B) eCommerce platform SPEED, Martechvibe reported Thursday (Nov. 10). The Emirati logistics...

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Egyptian Digital Lender Blnk Raises $32M
Egyptian Digital Lender Blnk Raises $32M
November 10, 2022  |  Investments

Blnk, an Egyptian buy now, pay later (BNPL) startup, has raised $23.7 million in equity and debt funding and a further $8.3 million via securitized...

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Mastercard Supports Digital Transformation in Egypt
Mastercard Supports Digital Transformation in Egypt
November 09, 2022  |  Partnerships

Mastercard has partnered with Arab African International Bank (AAIB) as part of its efforts to accelerate the digital transformation of Egypt’s financial system. Through the...

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