Fawry
Signal active
Investment Firm
Overview
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.
Highlights
Founded
2008
Industry
Financial Services
Employees
251-500
Investment
9
Lead Investment
4
Exits
undefined
Stages
Early Stage Venture, Seed
Investor Type
N/A
Location
Cairo, Al Qahirah, Egypt, Africa
Contact Information
Social
Profile Resume
Fawry, established in 2008 and headquartered in Africa., specializes in Early Stage Venture, Seed investments across Venture Capital, FinTech, Non Profit, Financial Services, Finance, Funding Platform, Hedge Funds, Business Development, Emerging Markets, E-Commerce. Their recent investments include Endeavor, Flourish Ventures, International Finance Corporation, Algebra Ventures, Catalyst Fund. The highest investment round they participated in was $6.9B. Among their most notable exits are Endeavor and Flourish Ventures. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
Fawry has made 9 investments. Their most recent investment was on May 10, 2022, when Mylerz raised $9.6M.
investments
9
Diversity investments
0
Lead investments
4
Number of exits
undefined
Investments
9
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| Sep 20, 2021 | - | - | 998.5K |
| Oct 12, 2021 | Alsoug | E-Commerce | 5.0M |
| Jan 31, 2022 | - | - | 25.0M |
| May 10, 2022 | Mylerz | E-Commerce | 9.6M |
Exits
0
Funding Timeline
Funding rounds
9
Investors
5
Funds
0
Funding Rounds
9
Fawry has raised 9 rounds. Their latest funding was raised on May 10, 2022 from a Seed Round - Mylerz round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| Sep 20, 2021 | Series A - Brimore | - | 998.5K | - |
| Oct 12, 2021 | Seed Round - Alsoug | - | 5.0M | - |
| Jan 31, 2022 | Series A - Brimore | - | 25.0M | - |
| May 10, 2022 | Seed Round - Mylerz | - | 9.6M | - |
Investors
6
Fawry is funded by 6 investor(s). responsAbility Investments and Helios Investment Partners Kantor are the most recent investors.
| Investor Name | Lead Investor | Funding Round | Money Raised |
|---|---|---|---|
Egyptian-American Enterprise Fund | No | Private Equity Round - Fawry | 100.0M |
Helios Investment Partners | No | Private Equity Round - Fawry | 100.0M |
responsAbility Investments | No | Private Equity Round - Fawry | 0 |
| - | No | Private Equity Round - Fawry | 22.0M |
Egyptian-American Enterprise Fund
Helios Investment PartnersFund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
| Annouced Date | Fund Name | Money Raised |
|---|---|---|
| May 10, 2013 | OTPPLESS | 1.0M |
| May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
News
Sep 10, 2024
Daily News Egypt - Fawry acquires majority stake in Svreico building in Smart Village
News
Apr 05, 2024
Forbes Middle East - The Middle East's Fintech 50 - Forbes Lists
News
Mar 04, 2024
Wamda News - Fawry Dahab partners with PayMe to facilitate Egyptian expats transactions
News
Feb 25, 2024
TradingView - PRESSR: Fawry cooperates with LA Market to empower local brands in Egypt
News
Jan 24, 2024
Zawya.com - Fawry FMCG, Edita collaborate to bolster e-collection systems in Egypt
News
Jan 10, 2024
CNN - How Egypt’s fintech industry is adapting