Fawry, a leading provider of electronic payment solutions, has played a transformative role in digitizing Egypt’s financial landscape and promoting financial inclusion in North Africa. Founded in 2008 in Cairo, the company operates through an extensive physical network of over 310,000 points of sale, alongside a robust digital platform. This hybrid approach ensures that its services are accessible to a wide range of citizens, regardless of their access to smartphones or the internet.
Fawry has strategically established partnerships with a diverse group of entities, including financial institutions, government agencies, and utility providers, to create a seamless ecosystem for electronic transactions. Its services enable users to pay for everything from utility bills to mobile top-ups and school fees electronically, providing a level of convenience and efficiency that was previously unavailable. The company also offers Fawry Microfinance for SMEs and Fawry Insurance Brokerage, expanding its reach beyond consumer payments. A notable achievement in 2024 was its partnership with PayMe, which now allows Egyptian expatriates to pay bills electronically, further expanding the network’s reach and impact. By providing convenience for users and offering tools for electronic payments to SMEs, Fawry has become a critical part of the country’s digital infrastructure. Its model has enhanced financial access and efficiency for millions of people, demonstrating how a well-integrated payment solution can serve as a catalyst for a nation’s digital transformation.
