Thursday, August 13, 2026, 3:55 PM
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myFawry App Transactions Surge 68.5% to EGP 48 Billion in H1 2026 Amid Massive Ecosystem Growth

Thursday 13 August 2026 10:00
myFawry App Transactions Surge 68.5% to EGP 48 Billion in H1 2026 Amid Massive Ecosystem Growth

Fawry for Banking Technology and Electronic Payments announced a significant 68.5% year-on-year (YoY) jump in the total value of transactions executed through its consumer-facing application, myFawry. Transaction values reached EGP 48 billion during the first half of 2026, compared to EGP 28.5 billion during the same period in 2025.

myFawry App Adoption and Investment Solutions

The myFawry application witnessed a 37.2% YoY increase in cumulative downloads, hitting the 28 million mark in H1 2026, up from 20.4 million in H1 2025.

Fawry attributed this accelerated adoption to the continuous expansion of its consumer product portfolio, particularly the introduction of new retail investment and wealth management solutions. Recent additions to the platform include:

Funds tracking the EGX30 index.

Gold-backed investment funds.

Sharia-compliant mutual funds.

The company emphasized that the surge in myFawry transactions reflects a growing consumer appetite for digital payments, supported by Fawry’s continuous efforts to enhance the user experience and broaden its service offerings.

Fawry Digital Ecosystem: H1 2026 Performance Metrics

The localized growth of the myFawry app coincided with stellar performance across Fawry’s broader digital payment network. Total Payment Volume (TPV) across the entire Fawry network surged by 52.1% to reach EGP 586.9 billion.

The following table summarizes the key operational metrics across the Fawry network during the first half of 2026 compared to the same period in 2025:

Operational MetricH1 2026H1 2025YoY Growth

Total Payment Volume (TPV)EGP 586.9 BillionEGP 385.9 Billion+52.1%

Total Number of Transactions1.057 Billion1.008 Billion+4.9%

Active Network Users55.4 Million54.1 Million+2.4%

Services Offered on Network4,815 Services4,046 Services+19.0%

Partnered Banks36 Banks36 BanksFlat

Prepaid Cards and AI-Driven Personalization

By the end of the first half of 2026, the total number of issued Fawry prepaid cards reached 3.8 million, reflecting a massive YoY spike of 116%. This growth was heavily driven by the rollout of enhanced reward programs, exclusive offers, and additional user benefits.

Looking ahead, Fawry continues to prioritize customer engagement and loyalty. The company is actively improving access to financial services through user-friendly interfaces and AI-powered personalization, operating in tandem with the ongoing development and expansion of the myFawry app ecosystem.