40. Fawry

Sector: Financial services
CEO & Managing Director: Ashraf Sabry
Market Value: $681 million
Sales: $108 million
Profits: $34 million
Assets: $260 million

Fawry provides e-payments and digital finance solutions and serves 53.8 million customers, with a retail network reaching 395,700 POS terminals as of the end of March 2025. The company processed 240 million mobile wallet transactions as of December 2024, worth $9.6 billion, marking a 155.7% growth compared to 2023. In February 2025, Fawry, Banque Misr, and EBC launched cash-in and out interoperable for e-wallets via the Meeza Digital Scheme, and in April 2025, Fawry collaborated with Microsoft to drive digital transformation for SMEs in Egypt by integrating Microsoft 365 solutions with Fawry Business service products.