FinTech and Innovation

Financial technology (FinTech) has recently become a promising and emerging industry across the globe that uses technology and innovation to broaden the frontiers of financial activities. Due to the development in information technology, communication and innovative financial applications and solutions, it enables businesses use the essential tools to enhance the efficiency of financial services and accordingly boost the Egyptian economy.

As part of its role as a catalyst for change and supporter of the FinTech industry, the Central Bank of Egypt has launched its FinTech and innovation integrated strategy on March 2019 to promote Egypt’s FinTech ecosystem and position Egypt as the regionally recognized FinTech hub.

For the highlights of the Central Bank of Egypt’s FinTech and innovation Strategy please