Fawry Partners with FORSA to Offer “Buy Now.. Pay Later Services via POS Network
Egypt’s leading fintech company, Fawry, has announced a strategic partnership with FORSA, a subsidiary of Drive Finance under GB Capital—the financial arm of GB Corp—to provide Buy Now, Pay Later (BNPL) and installment services through Fawry’s extensive network of over 395,000 point-of-sale (POS) machines nationwide.
The collaboration aligns with Egypt’s Vision 2030 to build a sustainable digital economy and reflects Fawry’s strategy to advance digital transformation, expand financial inclusion, and deliver innovative, secure solutions for diverse market segments.
Through this partnership, merchants across Egypt will gain access to FORSA’s installment and BNPL offerings, enabling them to streamline operations, expand their customer base, and offer more flexible purchasing options.
Bassem Lotfy, Head of Business Development at Fawry, highlighted the company’s commitment to forging partnerships with dynamic financial entities:
> “At Fawry, we are keen to expand our operations by collaborating with flexible financial providers like FORSA. This partnership strengthens our mission to deliver diverse, secure digital solutions that create added value for both merchants and customers, ultimately enhancing the end-user experience.”
Gasser Darwish, Chief Commercial Officer at FORSA, emphasized the importance of integrating financing services directly at the point of sale:
> “Our goal is to expand installment and BNPL services in the Egyptian market, offering customers more flexible payment options. Partnering with Fawry enables us to reach a larger segment of merchants and consumers, making the purchase process simpler and more accessible.”
The agreement is part of Fawry’s broader strategy to deepen collaborations with major financial institutions, enhance its e-payment ecosystem, and provide comprehensive financing solutions that promote financial inclusion.