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Fawry

company

About

Fawry is a pioneering Electronic Payment Network, offering financial services to consumers and businesses

Details

Last Funding Type
Private Equity(PE)
Industries
Banking,Finance,Financial Services,Payments
Founded date
Jan 1, 2008
Number Of Employee
251 - 500
Operating Status
Active
Stock Symbol
egx:FWRY
Legal Name
Fawry Banking & Payment Technology Services Ltd.

Fawry is a pioneering Electronic Payment Network, offering financial services to consumers and businesses through more than 65 thousand locations and a variety of channels. It offers a convenient and reliable way to pay bills and other services in multiple channels (online, using ATMs , mobile wallets and retail points)

The company's network of retailers includes small groceries, pharmacies and stationaries, and post-offices, all equipped with point-of-sale machines – the same ones used for credit card payments.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$219M
Fawry has raised a total of $219M in funding over 2 rounds. Their latest funding was raised on Aug 8, 2019 from a IPO round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 8, 2019 IPO $97M Detail
Jul 1, 2019 Private Equity(PE) $22M Detail
Oct 3, 2017 Private Equity(PE) 1 Detail
Nov 1, 2015 Private Equity(PE) $100M 3 Detail
Oct 1, 2008 Seed 1 Ideavelopers Detail

Investments

Number of Investments
Number of Lead Investments
9
4
Fawry has made 9 investments. Their most recent investment was on May 10, 2022, when Mylerz raised $9.60M.
Date Company Name
Round Money Raised Industry Lead Investor
May 10, 2022 Mylerz
Seed $9.60M Delivery
Jan 31, 2022 Brimore
Series A $25M E-Commerce
Oct 12, 2021 Alsoug
Seed $5M Advertising Yes
Sep 20, 2021 Brimore
Series A £15.70M E-Commerce Yes
Jul 13, 2021 elmenus
Series B $10M Ediscovery Yes

Investors

Number of Lead Investors
Number of Investors
1
5
Fawry is funded by 5 investors. Ideavelopers and responsAbility are the most recent investors.
Investor Name Lead Investor Funding Round
Ideavelopers Yes Seed
responsAbility Private Equity(PE)
Egyptian-American Enterprise Fund Private Equity(PE)
Helios Investment Partners Private Equity(PE)
IFC Venture Capital Group Private Equity(PE)

Employee Profiles

Number of Employee Profiles
4
Fawry has 4 current employee profiles, including Executive Ashraf Sabry
Executive
Employee
Executive
Employee