Fawry Reports Record Profit Growth of 84% in the First Nine Months of 2025
Fawry for Banking Technology and Electronic Payments (FWRY.CA), Egypt’s leading fintech and digital payments company, announced its consolidated financial results for the nine-month period ending 30 September 2025, reporting its strongest financial performance to date. The results reflect robust growth across all business lines, driven by a diversified digital ecosystem, operational efficiency, and continued expansion into financial services and digital lending.
Fawry recorded revenues of EGP 6.06 billion, up 58% year-on-year, while EBITDA surged by 84% to EGP 3.46 billion. Net profit also grew by 84%, reaching EGP 2.04 billion, marking the highest margins in the company’s history, with an operating margin of 57.1% and a net profit margin of 33.6%.
CEO Comment
Ashraf Sabry, CEO of Fawry, commented on the results:
> “Fawry continues its steady upward trajectory, supported by a fully integrated digital expansion strategy and a balanced approach to growth. Our strong third-quarter performance reflects the success of our long-term vision to transform Fawry into a fully-fledged neobank, reaffirming our leadership in Egypt’s digital financial services market.”
Strong Operational Performance
During the first nine months of 2025, total payment throughput reached EGP 638.5 billion, up 52.5% year-on-year. The loan portfolio more than doubled to EGP 4.8 billion (+101.7%), while active users climbed to 54.5 million, executing 1.55 billion transactions, up 7.2%.
Mobile wallet transactions grew by 64% to 272 million, with a total value of EGP 541.7 billion (+67.1%). The MyFawry app recorded over 22.3 million downloads (+40.7%), while prepaid cards rose sharply to 2.2 million (+172%), with app transactions doubling to EGP 38.7 billion.
Segment Growth and New Offerings
The financial services segment led growth with a 153% year-on-year increase, contributing 45.3% of total revenue growth. The banking services segment followed, accounting for 34.8%, while digital payments grew 21.5% and supply chain solutions expanded 41.1%, despite being recently launched.
Fawry also introduced several innovative products across multiple sectors:
For individuals, three new investment funds were launched: Gold Fund, EGX30 Index Fund, and a Sharia-compliant Fund.
For corporates, the company introduced a corporate card program to streamline expense management.
For SMEs, Fawry rolled out digital payroll services, the “Sehatak Fawry” medical insurance product, and a B2B Buy Now, Pay Later (BNPL) service enabling businesses to improve cash flow and supplier payments.
As a result, Fawry issued 2.2 million prepaid cards, launched over 1.2 million digital insurance policies, and enrolled more than 300,000 clients in its new health insurance program. Over 120,000 merchants are now using the BNPL service, with total transaction value surpassing EGP 5 billion.
AI-Powered Innovation and Future Outlook
In line with its innovation-first strategy, Fawry has integrated artificial intelligence tools into its operations to accelerate product development and enhance customer experience. Approximately 20% of new code development is now supported by AI systems. The company also plans to launch its AI-powered virtual assistant (LLM chatbot) before the end of 2025 to enable intelligent, real-time customer interactions and improve service quality.
Fawry continues to pursue a disciplined growth strategy focused on efficiency, sustainability, and innovation, maintaining strong governance and financial discipline.
> “These results reaffirm Fawry’s position as the driving force of Egypt’s fintech sector,” Sabry added. “We are building a long-term, sustainable digital ecosystem that puts innovation and customer experience at the heart of everything we do.”