mylo

B.TECH and mylo Launch Second Securitization Bond Issuance Worth EGP 1.76 billion to Support Fintech Expansion

mylo, the innovative fintech company born out of B.TECH,has completed its second securitization bond issuance of EGP 1.76 billion after obtaining regulatory approvals. The transaction highlights mylo’s strong financial position and ongoing expansion in responsible, sustainable digital finance solutions. The issuance comprises tranches with a 12-month maturity, with EG Bank acting as the bond custodian. It comes as a continuation…