Fawry

1. What does Fawry do :

Fawry is the leading digital transformation & E-payment platform in Egypt, offering financial services to consumers and businesses through more than 225,000 locations and a variety of channels. In addition, Fawry offers e-commerce solutions and payment gateways in Egypt.

2. Fawry Launch year: 2008

3. Website: http://www.fawry.com

4. Industry: FinTech

5. Fawry Headquarters: Cairo, Egypt

6. Fawry Founder(s): Ashraf Sabry, Mohamed Okasha

7. Stock Symbol:FWRY

8. Number of Fawry employees: 201-501 Employees

9. Ownership: Private equity, public, venture capital

10. Typical customers: Fawry is the chosen reliable service hub for over 29.3 million customers in Egypt including payers, businesses, and, major financial institutions.

11. Fawry Services: Fawry services for businesses include collection services, customer acquisition, electronic cash, payment facilitation, and business-to-business collection centers.

12. Fawry’s market cap: â‚¬30.5m

13. Fawry’s Net debt: €1.3b

14. Fawry’s Annual revenue: EGP 1,190.8 million

15. Fawry handled: A total of 19.8 million mobile wallet transactions during the 2020

16. Fawry in Numbers: More than 3.069 Million operations daily are processed on Fawry’s network

17. Fawry’s Competitors: Debt Resolve, Bridge, OpusCapita and PayStand

18. Fawry’s total funding:    $122 m

19. Fawry’s investors: Helios Investment Partners, IFC Venture Capital Group, Egyptian-American Enterprise Fund, responsibility, Ideavelopers

20. Fawry’s Twitter followers: 5.82k Twitter Followers

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Jayalakshmi

Jayalakshmi

Jayalakshmi is a former business associate at HelloLeads. Dedicated to empowering start-ups and small businesses, she writes on tools and technologies to enhance productivity and promote scalability.

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