Payments and Remittance platforms dominate Egypt's Fintech scene, making up roughly 30% of the country's total active fintechs operating in the country. Funding has steadily increased over the past 5 years going towards Egypt's fintechs as well - of which one, Fawry, boasts becoming Egypt's and Africa's first unicorn.
Egypt's Burgeoning Start-Up Ecosystem
A look at the movers and shakers inside Egypt’s start-up ecosystem that attracted US $491 million in VC funding in 2021, and is expected to break the US $1 billion funding ceiling in 2022. By clicking through, you will uncover the factors contributing to its success and the future prospects that await, making it an essential read for anyone interested in the intersection of innovation and investment in one of the most promising regions of the world.
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