Techno Time

e-finance Revenue Surges 39% to EGP 2.2 Billion in Q1 2026, Driven by Cloud and Embedded Finance

Wednesday 13 May 2026 09:26
e-finance Revenue Surges 39% to EGP 2.2 Billion in Q1 2026, Driven by Cloud and Embedded Finance

e-finance for Digital and Financial Investments (S.A.E.) has reported a robust financial performance for the first quarter of 2026, with consolidated revenues jumping 39% year-on-year to reach EGP 2.2 billion. This growth was propelled by a surge in transaction management, cloud computing services, and integrated network solutions. Net profit after minority interest witnessed an impressive 42.3% increase, hitting EGP 856.9 million, reflecting enhanced operational efficiency and the expanding demand for digital infrastructure in Egypt.

A key highlight of the quarter was the performance of the group’s specialized arms, particularly in the agricultural and outsourcing sectors. Revenues from card production, outsourcing, and agricultural digital transactions grew by 11.3% to EGP 227.1 million. This was largely fueled by eAswaaq’s success in lending and digital solutions for the agricultural sector, showcasing the group's leadership in embedded finance. Despite a 34.5% decline in card production revenues, the significant 48.2% growth in outsourcing services successfully offset the dip, ensuring a balanced and resilient revenue stream.