consumer finance license

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…