Techno Time

Fawry’s Financial Services Revenue Surges 73.9% to EGP 800.5 Million in Q1 2026

Sunday 17 May 2026 07:38
Fawry’s Financial Services Revenue Surges 73.9% to EGP 800.5 Million in Q1 2026

 Fawry for Banking Technology and Electronic Payments announced that its financial services sector generated revenues of EGP 800.5 million during the first quarter of 2026, marking a 73.9% annual growth compared to the EGP 460.2 million recorded in Q1 2025. The robust performance was heavily driven by the strategic expansion of non-banking financial services (NBFS).

According to the company's disclosure, the financial services division accounted for 33.2% of Fawry's total quarterly revenue, consolidating its position as a diversified growth engine. The segment's portfolio encompasses MSME lending, microfinance, Buy Now Pay Later (BNPL) consumer finance, insurance brokerage, the myFawry prepaid card ecosystem, and money market fund streams.

The report showed that Fawry’s total outstanding MSME and microfinance loan portfolio maintained strong momentum, reaching EGP 3.144 billion as of March 31, 2026, a 35.1% increase over the EGP 2.328 billion baseline in Q1 2025.

Concurrently, BNPL consumer finance services continued an upward trajectory, with its credit portfolio closing the quarter at EGP 3.041 billion as of March 31, 2026, compared to EGP 1.356 billion in the prior-year period. Additionally, insurance brokerage revenues advanced by 29.4% year-on-year to record EGP 17.3 million in Q1 2026.