consumer finance Egypt
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مال وأعمال
mylo enables installment payments via InstaPay using mobile number and national ID
mylo, the fintech venture that grew out of B.TECH, announced the launch of a new feature allowing customers to easily pay their due installments through the InstaPay financial services app, using their mobile number, national ID, or a registered company code ensuring a smooth and seamless user experience. This step comes as part of the company’s strategy to deliver instant…
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بورصة
Contact records solid growth in 2025.. revenues at EGP 8.4bn and operating income at EGP 2.8bn
Contact Financial Holding (CNFN.CA), Egypt’s leading non-bank financial services provider, announced today its consolidated financial results for the fiscal year ending 31 December 2025. During the year, the company achieved consolidated operating income of EGP 2.8 billion, recording a 12% y-o-y increase, driven by the strong operational performance of the financing division, along with a significant increase in insurance revenues.…
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مال وأعمال
CI Capital Successfully Concludes EGP 867.5 Mn Securitized Bond Issuance for Aman Consumer Finance
CI Capital (CICH.CA), the leading diversified financial services group, announced today the successful completion of a securitization bond issuance on behalf of Aman Securitization, with the originator being Aman Consumer Finance. The issuance of Aman Consumer Finance comes in 4 tranches: The first tranche valued at EGP 389.5 Mn, with a tenor of 6 months, received a rating of Prime…
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مال وأعمال
Financial Regulatory Authority Grants Orion Consumer Finance (marketing name “algo”) a License to Operate in Consumer Finance
Orion Consumer Finance (algo), a partnership between Talaat Moustafa Group (TMG) and AUR Leasing and Factoring, announced that it has received approval from the Financial Regulatory Authority (FRA) to operate in the consumer finance sector, after fulfilling all regulatory requirements set by the Authority. This step reflects the state’s direction toward expanding non-banking financial services and enhancing financial inclusion. In…
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بنوك
To Expand the Beneficiary Base of Innovative Financing Solutions: National Bank of Egypt (NBE) Grants Short-Term Financing to U Consumer Finance “Valu”
The National Bank of Egypt (NBE) announced the signing of a short-term financing agreement worth up to EGP 3 billion for U Consumer Finance, known under the trademark of “Valu”, Egypt’s universal financial technology powerhouse. This comes as part of NBE’s support for the non-banking financial sector, the promotion of financial inclusion, and the expansion of the beneficiary base for…
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مال وأعمال
GlobalCorp issues its eighth securitization bond worth EGP 2.5 billion, with the participation of the International Finance Corporation (IFC) alongside a number of Egyptian banks
GlobalCorp Financial Services has completed its eighth securitization bond issuance, valued at EGP 2.5 billion, after obtaining approval from the Financial Regulatory Authority (FRA). This issuance falls under the company’s second approved securitization program. The issuance was structured into three tranches with different maturities and credit ratings: Tranche (A): EGP 1.3 billion, with a tenor of 25 months and a…
