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Fawry, Egypt’s leading fintech company, announced the activation of its official partnership with Erada Finance, a firm specialized in microfinance and small and medium enterprise financing, in a strategic move aimed at transforming the financing experience in Egypt.

The initiative enables beneficiaries to receive their financing through Fawry’s nationwide branch network, aligning with the government’s direction and Egypt Vision 2030 to accelerate digital transformation and strengthen financial inclusion.

The partnership represents a new milestone in supporting the financing of micro, small, and medium enterprises (MSMEs), allowing Erada Finance clients to access their funds instantly and securely. The system operates through real-time digital integration, reducing the risks associated with cash handling, easing congestion at traditional branches, and speeding up financing cycles for MSMEs.

Commenting on the partnership, Hossam Ezz, Chief Commercial Officer at Fawry, said:
“Our collaboration with Erada Finance reflects the strategic importance we place on supporting MSME financing as a key pillar of the national economy. We remain committed to providing seamless and secure financial solutions through Fawry’s diversified channels while strengthening our role as a leading technology enabler delivering the infrastructure required to drive digital transformation and innovation across the financial sector.”

For his part, Amr Abou El Azm, Co-founder, CEO, and Vice Chairman of Erada Finance, stated:
“Our partnership with Fawry demonstrates our commitment to improving the customer experience and providing faster access to financing. By leveraging the extensive geographic reach of Fawry’s branch network, we have expanded our services to reach a broader segment of customers, supporting Egypt’s financial inclusion strategy and enabling underserved communities to access the financing they need efficiently and conveniently.”

The partnership also reflects the continued role of both companies in supporting Egypt’s digital economy. Fawry Plus branches serve as integrated financial service centers offering collection solutions and cash services, helping create a flexible and secure financing environment for SMEs in line with Egypt’s digital transformation agenda.