Edupay Competitors

Since its inception in 1898 with a capital of GBP1 million, NBE has been regarded as one of the oldest and most respected commercial banks in Egypt.Never isolated from national issues or concerns, NBE has been the primary supporter of Egypt’s national economy by financing the major Egyptian national projects. NBE’s missions and operations have continuously evolved throughout history and the economic and political changes experienced by the country.NBE was entrusted with issuing banknotes and handling government accounts, then in the 1950’s its activities evolved to undertaking the duties of the Central Bank. In the 1960’s it focused on commercial banking while still handling the central banking duties in locations where the Central Bank had no branches. Eventually, issuing and managing Investment Certificates for the State.NBE currently controls 23.6% of the market share of total assets in the Egyptian banking sector, 25.8% of total deposits, and 21.8% of total loans. NBE owns a large network includes over 337 branches, offices and banking units across the country, alongside an international presence through NBE (United Kingdom), NBE (Republic of the Sudan) and NBE’s branches in New York (United States of America) and Shanghai (People’s Republic of China), as well as representative offices in Johannesburg (South Africa), Dubai (United Arab Emirates), and Adis Ababa (Republic of Ethiopia), in addition to a branch in the Dubai International Finance Center.NBE also has a network of correspondents throughout the world, but centered in Europe— Egypt’s primary trade partner.NBE is always keen on an effective presence in brokerage, financing different sectors, and maintaining the client’s trust by offing the best and latest services.Whilst leading the local banking market,NBE is continuously upgrading its network of branches and channels of electronic communication, and strives to refine its human resources through advanced national and international training programs.

Fawry for Banking Technology and Electronic Payments S.A.E. is the leading Egyptian digital transformation & fintech platform that revolutionized the concept of Omni channel payment in Africa and the Middle East over the past decade. · Fawry offers more than 1,186 financial services to consumers and businesses through more than 225 thousand locations in an easy way to pay bills and other services in multiple channels (online, using ATMs , mobile wallets and retail points) · Fawry is the chosen platform for over 29.3 Million customers in Egypt. More than 3.06 Million operations daily are processed on Fawry's network, the rapid market penetration and consistent quality of service helped Fawry's transaction volume soar to a remarkable 81 Billion-EGP record in less than 11 years Since its launch.

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