Top Fintech Apps In The Middle East

Rank: 1


Date of Establishment: 2019

Description: Payment portal

Owner: Fawry for banking and payment technology servcies

Country: Egypt

CEO: Ashraf Sabry

myFawry allows users to pay their bills, recharge their mobiles, reserve bus tickets, and track their spending. In 2020, total downloads surpassed more than 1.6 million. Fawry for Banking and Payment Technology Services was listed on the Egyptian Stock Exchange in 2019, with a market value of $1.9 billion as of August 5, 2021. The company, which also offers financial services through multiple channels such as ATMs and retail points. As of June 2021, the app had 3.5 million total downloads and $105 million annualized throughput.