Founded in 2008 by Ashraf Sabry, Fawry built Egypt’s first nationwide e‑payments network—spanning ATMs, mobile wallets, kiosks and online portals.
What is the impact of the innovation/startup?
30 million+ registered users
225,000+ service points nationwide
Processes 2 billion+ transactions annually
Success Factors
Building trust with regulators to expand services
Ubiquitous agent network covering urban and rural areas
Continuous product diversification (utilities, bills, fintech)