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Egyptian Banks Company

Egyptian Banks Company

Type

Investor

Founded

1995

Funding Rounds

0

Portfolio companies

0

About Egyptian Banks Company

Egyptian Banks Company for Technological Advancements develops and operates Egypt’s national payment infrastructure, connecting consumers, businesses, merchants, financial institutions, and government entities. Its services include the 123 shared cash network, an automated clearing house for electronic funds transfers, Meeza Digital mobile-wallet connectivity, the Meeza national card scheme, and the Instant Payment Network with the InstaPay application. These interoperable services enable secure, seamless, and instant payments and support financial inclusion and the transition to a less-cash economy.