Friday, 8 April 2022

WHAT’S NEXT for Egypt’s FINTECH sector

In this episode of The Enterprise Podcast, Patrick hosts a roundtable discussion with major players in the sector to discuss what’s next for fintech. Our entrepreneurs and investors take us through the untapped potential of fintech and which industries in Egypt are most primed for change through fintech. We also get rare insights from the central bank on what regulators are working on to help expand and propel Egypt’s fintech sector to the next stage of its development, including a new law to regulate crowdfunding and peer-to-peer lending.

TAP OR CLICK HERE TO PLAY or look down to the bottom of your page for our podcast player. 

Our guests are: 

  • Karim Nour, the co-founder of Kashat — the first nano-finance company in MENA providing financial services to the un- and under-banked. Karim is also the non-executive chairman of Tarek Nour Communications Group.
  • Omar Saleh, the CEO and co-founder of Khazna. Omar joined us the same day his company announced a blockbuster USD 38 mn Series A round.
  • Aly El Shalakany, a corporate lawyer and longtime angel investor turned venture capitalist who is now the CEO of the Cairo Angels Syndicate Fund
  • Ashley Lewis, a partner focused on Africa with Accion Venture Lab and has been investing in financial services and social ventures across sub-Saharan Africa and Southeast Asia for over a decade. El Shalakany is an investor in Kashat while Lewis was one of the first investors at Khazna.
  • Dr. Rasha Negm. Rasha is an assistant sub-governor of the CBE where she’s the head of fintech and innovation. Rasha is not a newcomer to fintech. A veteran of the banking industry, she led product strategy for Vodafone Cash before joining the CBE.

** Subscribe to Making it, our interview show where we talk to CEOs and business leaders in Egypt on how to build a great business.  https://bit.ly/35lugvb

** Subscribe to Enterprise, our 6am briefing on business, finance, and economics in Egypt at www.enterprise.press

WHAT’S NEXT for Egypt’s FINTECH sector
00:00
00:00

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.