Skip to main content

Home/ Spring 21 Capstone 640pm/ Contents contributed and discussions participated by mehdibella

Contents contributed and discussions participated by mehdibella

mehdibella

The Financial Regulatory Authority agrees on delivering "Qershak el Abyad" insurance po... - 0 views

  • The Financial Regulatory Authority agrees on delivering "Qershak el Abyad" insurance policy through e-channels - Fawry
  • “Fawry Insurance Brokerage, a subsidiary of Fawry, will play a genuine role in marketing and selling the insurance policies of “Qershak el Abyad” program to millions of Egyptians and payments will be available through more than 166,500 Fawry machines and through e-wallets, so that customers will receive their policies electronically on mobile phones easily, this in cooperation with AIG Egypt Insurance Company, in a step that enhances financial inclusion in Egypt according to the plans and directives of the Egyptian government.”
mehdibella

About Us - Fawry - 1 views

  • About Us - Fawry
  • Fawry is the Leading Egyptian Digital Transformation & E-Payments Platform, offering financial services to consumers and businesses through more than 194,000 locations and a variety of channels.
    • mehdibella
       
      Fawry offers a convenient and reliable way to pay bills and other services in multiple channels (online, using ATMs , mobile wallets and retail points)
mehdibella

Egypt's Fawry is now a billion-dollar company - 1 views

  • Egypt's Fawry is now a billion-dollar company
  • Its stock price has increased by over 300 percent since its debut at The Egyptian Exchange in August last year. It had gone public with its shares priced at EGP 6.46 (per share).
    • mehdibella
       
      Fawry had witnessed a surge in its stock price during the first two months after its public markets debut but the price afterward remained almost flat until March -
  • Its revenue for the first half of 2020 has increased by 47 percent (year-on-year) to EGP 549.26 million ($34.41 million) from EGP 373.33 million ($23.38 million) for the same period of 2019. The net profit of the company in H1 2020 has increased by over 135 percent YoY to EGP 85.9 million ($5.38 million) from EGP 36.47 million ($2.29) in H1 2019.
    • mehdibella
       
      The pandemic has created a surge in demand for electronic payment services and Fawry being the leading player in Egypt obviously has benefitted a lot from that - which is also evident from company's just-announced financials for the second quarter
mehdibella

FWRY.CA - Fawry for Banking Tech and Elec Pay SAE Profile | Reuters - 0 views

  • Fawry for Banking Technology and Electronic Payment SAE Extraordinary Shareholders Meeting
  • The Company allows users to pay bills in multiple channels, such as online, using automated teller machine (ATMs), mobile wallets and retail points. The Company provides operations services specialized in systems and communications, management, operating and maintenance of equipment and computers networks services and internal systems of banks, networks, and centralized systems. The Company also establish operating systems for banking services through the Internet, phone and e-payment services. The Company’s network of retailers includes small groceries, pharmacies, stationaries, and post-offices, among others.
mehdibella

FWRY.CA - Fawry for Banking Tech and Elec Pay SAE Key Developments | Reuters - 0 views

  • Fawry Shareholders Approve To Sell 1000 Shares In Fawry Dahab Electronic Services To Banque Misr
  • FAWRY FOR BANKING TECHNOLOGY AND ELECTRONIC PAYMENT <FWRY.CA>::SHAREHOLDERS APPROVE TO SIGN AGREEMENT TO SELL 1000 SHARES IN FAWRY DAHAB ELECTRONIC SERVICES TO BANQUE MISR.SAHREHOLDERS APPROVE FCILITY AGREEMTNT BETWEEN UNIT FAWRY MICROFINANCE AND EGPYTIAN AMERICAN ENTERPRISE FUND IN A LIMIT OF EGP 160 MILLION .TO SELL SHARES IN FAWRY DAHAB ELECTRONIC SERVICES AT EGP 6,705 PER SHARE.SHAREHOLDERS APPROVE FINANCING OFFER FORM BANQUE MISR IN AUTHORISED CASH LIMIT OF EGP 150 MILLION.SAHREHOLDERS APPROVE AUTHORIZED CAPITAL INCREASE TO EGP 1 BILLION FROM EGP 500 MILLION.SHAREHOLDERS APPROVE ISSUED CAPITAL INCREASE TO EGP 453.7 MILLION FROM EGP 353.7 MILLION.SHAREHOLDERS APPROVES ISSUED CAPITAL INCREASE TO EGP 853.7 MILLION FROM EGP 453.7 MILLION THROUGH RIGHTS ISSUE.
mehdibella

Fawry | Arab News - 0 views

  • Egypt’s Fawry eyes UAE deal, Saudi and Kuwaiti markets
  • Fawry offers digital payments to companies and individuals in Egypt Fawry handles around 2.1 million transactions daily and collected 40 billion Egyptian pounds last year
mehdibella

IFC and Fawry Help Extend Financial Services across Egypt - 0 views

  • IFC and Fawry Help Extend Financial Services across Egypt
  • The $6 million investment will help Fawry, a local company, extend its network of payment terminals across Egypt, a country heavily reliant on cumbersome cash transactions. That is expected to help consumers pay bills and make it easier for businesses to receive payments, stoking commerce and economic growth.
  • The investment is also designed to help restore investor confidence in Egypt and create jobs in its burgeoning high-tech sector.
  • ...1 more annotation...
  • The company has more than 20,000 payment locations, including retail stores, post offices, and the ATMs of 10 commercial banks. With IFC’s support, Fawry is planning to increase its number of payment locations to 35,000 by 2016. The investment is part of IFC’s efforts to catalyze foreign investment in Egypt, support the private sector, and drive job creation. In the 2012 fiscal year, IFC committed $506 million to seven local projects, a figure that includes $125 million mobilized from other investors. IFC has over $1 billion invested in the country.
mehdibella

M-Pesa - 0 views

  • What is M-Pesa?
  • M-Pesa is Africa's most successful mobile money service and the region’s largest fintech platform. M-Pesa is the preferred way to make payments across the continent both for the banked and unbanked due to its safety and unmatched convenience.  It also provides financial services to millions of people who have mobile phones, but do not have bank accounts, or only have limited access to banking services.
  • Established on 6th March 2007 by Vodafone's Kenyan associate, Safaricom, M-Pesa is Africa's leading mobile money service with more than 430,000 active agents operating across the Democratic Republic of Congo (DRC), Egypt, Ghana, Kenya, Lesotho, Mozambique and Tanzania.
mehdibella

Lipa na M-PESA, Lipa na M-PESA Charges, Lipa na M-PESA Rates - Safaricom - 0 views

  • Loosely translated to ‘Pay with M-PESA’ (mobile money service). The service has two components, Paybill and Buy goods.
  • What is Lipa Na M-PESA
  • Pay Bill is for remote payments and the customer does not have to be present whilst paying.  The customer has an official relationship with the organization to whom they are making payment and has an “account number” that helps identify the user. The customer inputs a business number (paybill number) for the entity they are paying.
  • ...1 more annotation...
  • Buy goods and services is mostly for retail purchase of goods and services. Both parties immediately confirm these proximity payments via text message. No relationship between the buyer and the organization or account number is required.
mehdibella

Afrique : La success story Kényane M-Pesa bien décidée à conquérir l'Europe -... - 0 views

  • Afrique : La success story Kényane M-Pesa bien décidée à conquérir l’Europe
  • M-Pesa permet aux détenteurs de mobiles d’effectuer toutes sortes d’achats en un claquement de doigts. Qu’il s’agisse de régler ses factures d’électricité, de rembourser ses frais de scolarité, de réserver des billets d’avions ou tickets de bus ou encore de faire ses emplettes alimentaires, M-Pesa est aujourd’hui devenu un acteur économique incontournable au Kenya depuis sa création en 2007
  • M-Pesa, joyau de l’opérateur national kényan Safaricom (détenu à 40% par Vodafone), regarde maintenant vers les marchés du Nord, et notamment vers l’Europe de l’Est, à commencer par la Roumanie : pays où la grande majorité de la population est connectée (possède au moins un téléphone mobile) mais pas totalement bancarisée.
mehdibella

M-Pesa founders on launching Kenya's mobile wallet - BBC News - 0 views

  • M-Pesa founders on launching Kenya's mobile wallet
  • Susie Lonie and Nick Hughes are the people responsible for Kenya's M-Pesa mobile money transfer system. It allows people without bank accounts to transfer money quickly, easily and safely using their mobile phones, and has radically altered developing world economies. There are now nearly 100 similar systems in the developing world.The pair recently picked up an Economist Innovation award for the service.The BBC's Fiona Graham spoke to them about launching M-Pesa, how businesses have benefited from the service, and dowries.
mehdibella

Latest News on M-Pesa | Cointelegraph - 0 views

  • Latest News on M-Pesa | Cointelegraph
  • M-Pesa is Kenyan mobile, phone-based payment service provider for the mobile companies’ customers. M-Pesa is a money transfer service that, additionally, provides financing and micro-financing operations. The company was launched in 2007 by the two largest mobile network operators in Kenya and Tanzania. In 2013, M-Pesa in Africa became available for money transfers in Bitcoin, which are very popular among Kenyan and other African countries’ citizens due to their national currencies’ hyperinflation. Initially, M-Pesa was developed for Kenyan and other African citizens who don’t have access to ATMs or bank accounts to send or receive money, but the service has now reached Afghanistan and some European countries.
mehdibella

Vodafone M-Pesa: Voda-Idea explores M&A for Vodafone M-Pesa - 0 views

  • Voda-Idea explores M&A for Vodafone M-Pesa
  • MUMBAI: Vodafone M-Pesa Ltd. (VMPL), the payments wallet owned by Vodafone Idea, is considering merging its business with an associate company or a third party, but in the interim, has applied to the Reserve Bank of India (RBI) for extension of its prepaid payment instrument (PPI) license.
  • The moves are prompted by the fact that Vodafone Idea - created by the merger of Vodafone India and Idea Group – holds 100% of Vodafone M-Pesa Ltd. (VMPL) besides 49% shareholding in Aditya Birla Idea Payments Bank Limited (ABIPBL).
mehdibella

M-Pesa : quel miracle pour réussir hors du Kenya ? - Jeune Afrique - 0 views

  • Cette fois-ci, la filiale africaine de Vodafone tente à nouveau l’aventure sans s’appuyer sur M-Pesa, dont elle est pourtant devenue cette année le coactionnaire aux côtés de Safaricom, afin de justement favoriser son développement.
  • M-Pesa : quel miracle pour réussir hors du Kenya ?
  • Est-ce un complexe de supériorité hérité de son histoire kényane ? À Nairobi, M-Pesa a profité, depuis sa création en 2007, de la domination de l’opérateur Safaricom – qui captait plus de 84 % des parts de marché sur le mobile au moment de son lancement, et en détient désormais 87 % – et de la bienveillance du régulateur.
  • ...1 more annotation...
  • Additionnées, les activités hors du Kenya enregistrent donc un succès tout relatif avec un total de 14,7 millions de clients représentant environ 38 % de la base clients totale de M-Pesa.
mehdibella

AliExpress Kenya Online Shopping Payment through M-PESA - Safaricom - 0 views

  • AliExpress M-PESA
  • The move especially targets micro-traders in the country who source for goods and other supplies from manufacturers in China, and signifies Safaricom’s continued push to position M-PESA as a truly global mobile money transfer and payments platform.
  • AliExpress customers selecting M-PESA as a payment channel will have their total cost displayed in Kenya Shillings with standard Lipa Na M-PESA Paybill charges applicable for each transaction. As has been the case, shoppers will also have the option of using their post office box numbers as the delivery location for their items.
mehdibella

Mobile money transfer: 'Ethiopia hasn't shut the door to M-Pesa' - 0 views

  • Mobile money transfer: ‘Ethiopia hasn’t shut the door to M-Pesa’
  • In April, while the Kenyan telecoms giant Safaricom was in talks with the Ethiopian authorities to launch its M-Pesa app, the country’s central bank, the National Bank of Ethiopia, decided to only allow locally-owned non-financial institutions to offer mobile money services.
  • So, we didn’t shut the door to M-Pesa. Instead, we’ve asked them to partner with an Ethiopian bank.
mehdibella

Vodacom's joint M-Pesa/Safaricom platform boosts monthly transactions to $20bn - 0 views

  • Vodacom’s joint M-Pesa/Safaricom platform boosts monthly transactions to $20bn
  • This is the outcome of free peer-to-peer M-Pesa transactions, a feature introduced at the onset of COVID-19, the South African network operator said in its latest update to the market on its interim results for the six months that ended on 30 September 2020.
  • The M-Pesa initiative supported rapid platform growth and customer adoption of digital channels “to the point where the M-Pesa ecosystem now processes $20.5bn a month in transactions across our international markets, including Safaricom, and contributed R8bn in revenue in the period.”
mehdibella

Coronavirus: La plateforme DabaDoc lance la téléconsultation - 0 views

  • De son côté, AXA Assurance Maroc annonce qu'elle assurera le remboursement des frais médicaux de consultation vidéo pour les dossiers de déclaration maladies soumis par les assurés AXA. Ces dossiers sont complétés par la prescription et le récépissé de règlement reçus par courriel de DabaDoc. 
mehdibella

DabaDoc.com : la plateforme qui marche et qui s'exporte | THE ROLLING NOTES - 0 views

  • DabaDoc.com est un service de prise de rendez-vous médicaux en ligne permettant de consulter le profil d’un médecin ou tout autre professionnel de la santé de toutes spécialités, de le localiser selon la ville et le quartier désirés et de programmer gratuitement et en un clic un rendez-vous 24h/24 et 7j/7 selon les disponibilités proposées. Le nombre de mise en relations Patients / Médecins à ce jour est de 30.000 RDVs par mois.
  • Quant à DabaDoc Discussion, cette section de la plateforme aide les utilisateurs à obtenir un avis sur des questions santé avant de s’orienter vers une spécialité spécifique. Ce forum de discussion est donc utilisé pour poser des questions médicales gratuitement aux médecins inscrits sur DabaDoc.
mehdibella

Summer Davos : DabaDoc représente le Maroc | Challenge.ma - 0 views

  • Dabadoc sera l’une des rares entreprises de la région du Moyen-Orient et de l’Afrique du Nord à avoir remporté ce prix et à rejoindre un groupe de sociétés impliquées dans la conception et le déploiement de nouvelles technologies et innovations ayant un impact significatif sur leurs communautés.
  • «Les pionniers de cette année savent que la technologie ne se limite pas à l’innovation, mais aussi à l’application. C’est pourquoi nous pensons qu’ils façonneront l’avenir »,
‹ Previous 21 - 40 of 90 Next › Last »
Showing 20 items per page