Fawry
company
About
Fawry is a pioneering Electronic Payment Network, offering financial services to consumers and businesses
- Cairo,Al Qahirah,Egypt
- 251 - 500
- http://fawry.com/
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.
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
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