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Fawry

Operating

Fawry is the leading Egyptian platform for digital transformation & e-payments

Updated Source: SLA Startup IndexHow we verify →
Total raised
$122M
disclosed
Last round
$22M
Private Equity
Rounds
3
since 2008
Investors
4
on record
Employees
251-500

About Fawry

Fawry is the leading Egyptian digital transformation & e-payments platform that has revolutionized the concept of Omni channel payment in Africa and the Middle East over the past decade

Fawry funding3 rounds

All 3 rounds →

Fawry has raised $122M across 3 disclosed rounds. The latest is a $22M Private Equity announced 01 Jul 2019.

Capital growthrunning total of disclosed rounds
  1. $100MPrivate EquityPrivate Equity, $100M, $100M raised to date
  2. $22MPrivate EquityPrivate Equity, $22M, $122M raised to date

SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn

AnnouncedRoundLead · investorsAmount
01 Jul 2019Fawry Private EquityNot disclosed$22M
01 Nov 2015Fawry Private EquityEgyptian-American Enterprise Fund +2$100M
01 Oct 2008Fawry SeedIdeavelopersNot disclosed

Fawry founders & team

Full team →

Fawry competitorssame sector · similar funding

  • Balad

    Balad is a FinTech company that provides prepaid card solutions for underbanked family members of Egyptian migrants abroad. · Egypt

  • Menthum

    Menthum is an Egypt-based FinTech venture which is devising a digital saving solution that's simple & secure. · Egypt

  • Faydety

    Faydety is an Egyptian startup which allows users to find, compare and apply to banking products online. · Egypt

  • MNT-Halan

    MNT-Halan is Egypt’s largest and fastest growing lender to the unbanked. · Egypt

  • Telda

    Telda is a Cairo-based financial brand built for Millennials and GenZ to take the pain out of peer-to-peer payments. · Egypt

  • Nexta

    Nexta is an Egypt-based fintech and next-generation banking platform · Egypt

All 9 Banking startups in Egypt

Frequently asked about Fawry

Where is Fawry based and when was it founded?
Fawry is headquartered in Cairo, Egypt and was founded in 2008.
Who is the CEO of Fawry?
Ashraf Sabry is Fawry's CEO.
How much funding has Fawry raised?
Fawry has raised $122M across 3 disclosed rounds. Its latest, a $22M Private Equity, was announced on Jul 01, 2019.
Who has invested in Fawry?
Backers include Egyptian-American Enterprise Fund, Helios Investment Partners, IFC Venture Capital Group and Ideavelopers.
What sector is Fawry in?
Fawry operates in Banking, Financial Services and FinTech.