Company: Fawry For Banking Technology & Electronic Payments
Country: Egypt
Sector: Packaged Software
CEO: Ashraf Sabry (Founder and CEO)
Website: https://www.fawry.com
Careers Page: https://www.fawry.com/careers/
LinkedIn: https://www.linkedin.com/company/fawrypayments
Email: Not publicly listed
Headquarters: Smart Village, Giza/Cairo, Egypt
Founded: 2008
Valuation/Revenue: $108.9m revenue; $627.8m market value (African Business Top 250, 2025); $42m nine-month 2025 profit (Zawya, 2025)
Fawry for Banking Technology and Electronic Payments S.A.E. is Egypt’s leading digital payments and financial technology company, operating one of the country’s largest electronic payment networks spanning bill payment, mobile top-ups, e-commerce checkout, and microfinance services. It is listed on the Egyptian Exchange and is widely regarded as one of Egypt’s pioneering fintech success stories.
What Does Fawry Do?
Fawry provides electronic payment infrastructure connecting banks, merchants, government entities and consumers, enabling bill payments, mobile recharge, e-commerce transactions and person-to-person transfers through a vast network of physical outlets, ATMs, mobile apps and online channels. The company has expanded into adjacent fintech services including FawryPlus retail payment kiosks and Fawry Microfinance, broadening its role from a payments processor into a wider financial services ecosystem serving Egypt’s large unbanked and underbanked population.
Is Fawry Legit?
Yes. Fawry is one of Egypt’s most prominent technology success stories, having built the country’s dominant e-payment network over more than a decade and gone on to list publicly on the Egyptian Exchange. It regularly reports growing transaction volumes and profitability, with nine-month 2025 profit reported at around $42 million alongside a 7% year-on-year rise in total transactions.
How Big Is Fawry?
According to African Business magazine’s Top 250 companies in Africa list for 2025, Fawry generated revenue of approximately $108.9 million and carried a market value of about $627.8 million, ranking 192nd among Africa’s largest companies. The company continues to post double-digit transaction growth, reflecting Egypt’s rapid shift toward digital and cashless payments.
Who Is the CEO of Fawry?
Ashraf Sabry is the founder and Chief Executive Officer of Fawry, having built the company from a startup into Egypt’s payments backbone; he remains a prominent public voice on African fintech and digital payments, featured in outlets such as McKinsey’s Africa podcast series and Forbes Middle East.
Is Fawry Publicly Traded?
Yes. Fawry is listed on the Egyptian Exchange (EGX: FWRY) and was one of the exchange’s most closely watched technology listings following its IPO, given its status as one of the few pure-play fintech companies publicly traded in the region.
How Does Fawry Compare to Its Competitors?
Fawry competes with a growing field of Egyptian and regional digital payment providers, including bank-led platforms and newer fintech entrants, but retains an incumbent advantage from its extensive physical and digital acceptance network built up since its 2008 founding.
How Big Is Fawry’s Network?
Fawry’s payment network spans hundreds of thousands of physical touchpoints across Egypt, including retail kiosks, ATMs and partner outlets under its FawryPlus brand, alongside its online and mobile app channels, together processing bill payments, government service fees, e-commerce transactions and mobile top-ups for a customer base that spans banked and unbanked Egyptians alike. Its expansion into Fawry Microfinance has extended the company’s reach into small-ticket consumer and merchant lending, an adjacent business line that leverages its existing payments data and distribution network.
What Has Fawry Been in the News For Recently?
Fawry continued to post growing profitability through 2025, with nine-month profit reported at roughly $42 million and total transaction volumes up around 7% year-on-year, reflecting Egypt’s continued shift toward digital and cashless payments even amid a challenging macroeconomic backdrop of currency devaluation and inflation. The company remains one of the most closely watched technology names on the Egyptian Exchange given its scale and its position as a bellwether for fintech adoption in North Africa.
How Do I Apply for a Job at Fawry?
Fawry lists open roles across engineering, product, sales, operations and customer support functions on its official careers page, reflecting its scale as one of Egypt’s largest technology employers; the company is frequently cited in the local tech press as a training ground for Egyptian fintech talent that has gone on to found or join other regional startups.
Links
Website: https://www.fawry.com
Careers Page: https://www.fawry.com/careers/
LinkedIn: https://www.linkedin.com/company/fawrypayments
Email: Not publicly listed
FAQ
Is Fawry a real company? Yes, it is Egypt’s leading digital payments company, listed on the Egyptian Exchange.
Who is the CEO of Fawry? Ashraf Sabry, the company’s founder.
Where is Fawry headquartered? At Smart Village, near Cairo, Egypt.
Is Fawry publicly traded? Yes, on the Egyptian Exchange under ticker FWRY.
How old is Fawry? It was founded in 2008.
How do I apply for a job at Fawry? Through Fawry’s official careers page at fawry.com/careers/.