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Fintech industry in Egypt

Statistics report on the fintech industry in Egypt

This report presents key statistics and visual insights into Egypt’s growing fintech industry. It begins with a general overview of the sector, setting the stage for more focused chapters on digital finance and mobile payments. The report then examines the landscape of fintech startups in Egypt, along with the regulatory and operational environment in which they operate. It concludes with a brief chapter exploring the role of Islamic banking within the country’s evolving fintech ecosystem.

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Table of contents

Overview

5
  • Premium Statistic Share of total fintech funding in Africa 2024, by country
  • Premium Statistic Number of fintechs in MENA 2025, by country
  • Premium Forecast Number of users in the FinTech market Egypt 2018-2028
  • Premium Statistic Global innovation Index score in Egypt 2011-2024
  • Premium Statistic Network Readiness Index score in Egypt 2020-2024

Online payments

5
  • Premium Forecast Penetration rate of online banking in Egypt 2000-2050
  • Premium Statistic Share of people making digital payments in Egypt 2025, by gender
  • Premium Forecast Number of users in the Digital Payments market Egypt 2018-2028
  • Premium Forecast Most common online payments by type in Egypt 2023
  • Premium Statistic Biggest buy now, pay later (BNPL) apps in Egypt in 2025, based on MAU

Mobile wallets

6
  • Premium Statistic Share of people using mobile phone or internet banking in Egypt 2025, by gender
  • Premium Statistic Users of various mobile payment apps in Egypt in 2020, with forecasts to 2025
  • Premium Statistic Biggest digital wallet apps on mobile in Egypt in 2025, based on MAU
  • Premium Statistic Number of mobile wallet transactions on Fawry Egypt 2020-2024
  • Premium Statistic Value of mobile wallet transactions on Fawry Egypt 2020-2024
  • Premium Statistic Active network customers of Fawry 2020-2025

Fintech startups

5
  • Premium Statistic Number of fintechs in Egypt 2008-2025
  • Premium Statistic Primary sub-sectors of fintech startups and payment service providers in Egypt 2022
  • Premium Statistic Fintech startups and PSPs headquartered in Egypt 2022, by governorate
  • Premium Statistic Average bank acceptance for fintech startups in Egypt 2024, by subsector
  • Basic Statistic Leading fintech startups in Egypt 2026, by value of capital raised

Startup operating environment

4
  • Premium Statistic Fintech startup investments in Egypt 2022, by type
  • Premium Statistic Main regulatory hurdles faced by fintech startups in Egypt 2024
  • Premium Statistic Main funding challenges faced by fintech startups in Egypt 2024
  • Premium Statistic Main challenges in sourcing talent for the fintech sector in Egypt 2024

Islamic banking

5
  • Premium Statistic Market share of the Islamic banking sector in North Africa 2022, by total assets
  • Premium Statistic Number of Islamic fintech companies 2023/2024, by country
  • Premium Statistic Islamic fintech market size in Egypt 2023-2028
  • Premium Statistic Number of sharia-compliant financial service providers in Egypt 2024, by type
  • Premium Statistic Islamic banking customers in Egypt 2022-2024
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