Egypt , officially the Arab Republic of Egypt, is a country spanning the northeast corner of Africa and southwest corner of Asia via the Sinai Peninsula.
New Mastercard-Enza Partnership to Fuel Fintech Innovation Across Africa
The number of fintech companies in Africa has nearly tripled since 2020. Many fintech innovators are embedding payment services into broader solutions to improve financial access.
Egypt Leads as African Startup Funding Hits $1 Billion Despite Volatility
African startups secured a total of $1 billion in funding between January and May 2025, a 40% rise from the same timeframe in 2024. Funding peaked in January 2025 with $289 million raised but saw a decline to $50 million in March before recovering to $343 million in April.
African startups hit $1 billion in funding for 2025 as Egypt leads in May
African startups raised $1 billion between January and May 2025, a 40% increase compared to 2024. January 2025 saw $289 million raised, but funding dropped to $119 million in February and $50 million in March.
SPAYZ.io Expands Into Africa With Local Payment Solutions
SPAYZ.io is entering South Africa, Egypt, and Cameroon as part of its Africa expansion. The digital payments economy in Africa is projected to reach $1.5 trillion by 2030.
