Fawry (the “Company”, FWRY.CA on the Egyptian Exchange), Egypt’s leading provider of e-payments solutions and digital banking services, announced today that it has finalized an investment in alsoug.com, Sudan’s largest online classifieds platform and marketplace, to help build out alsoug’s new fintech platform, Cashi. Fawry has acquired a strategic minority stake in the alsoug.com/Cashi holding company, marking the Company’s first venture capital investment outside of its Egyptian home market.
🇪🇬 Egyptian Exchange
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EGX 30 INDEX | As of 04-Dec-2024
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EGX 30 INDEX | As of 04-Dec-2024
1M | 3M | YTD | 1Y | 2Y |
+0.60% | -0.53% | +23.85% | +22.03% | +119.00% |
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04-Dec-2024
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