Fawry I
Sector: Commercial • Location: Egypt, Arab Republic of
Source: International Finance Corporation (IFC)
Fawry for Banking and Payment Technology Services SAE (“Fawry”, the “Company”), is the first and largest electronic bill payment platform (EBPP) in Egypt. The Company was established in 2008 with the objective of facilitating payments on a ubiquitous electronic platform. Its extensive network footprint with more than 10,000 points of presence allows (a) consumers to pay bills or top-up their mobil
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Fawry for Banking and Payment Technology Services SAE (“Fawry”, the “Company”), is the first and largest electronic bill payment platform (EBPP) in Egypt. The Company was established in 2008 with the objective of facilitating payments on a ubiquitous electronic platform. Its extensive network footprint with more than 10,000 points of presence allows (a) consumers to pay bills or top-up their mobile phones and (b) businesses to pay for goods and services. Fawry has invited IFC to invest up to [US$6.0] million in equity to finance the Company’s growth and help support the Company in (i) continued expansion of its network within Egypt, (ii) service and product development and (iii) sales and marketing (together the “Project”). The Project would result in 16,000 additional points of presence and number of new products offerings, including business to business (B2B) payments. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |