Egypt’s FawryPlus Strengthens Fintech Leadership with 350th Branch Opening

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FawryPlus, a subsidiary of Fawry and a prominent provider of financial inclusion services, has announced a major milestone in its expansion strategy with the opening of its 350th branch nationwide. The new branch is strategically located in “Smart Village,” Egypt’s premier hub for business and technology, signaling the company’s commitment to empowering the country’s economic core.

This move marks FawryPlus’s first expansion step of the new year and aligns with its 2026 growth plans, reinforcing its geographic footprint and active presence in key economic communities. The expansion aims to deliver innovative digital financial solutions that serve millions of customers and bolster the national economy.

Strategic Expansion into Egypt’s Tech Hub

By establishing a presence in Smart Village, FawryPlus is directly targeting the rapidly evolving needs of both individuals and businesses within the tech and business ecosystem. The company aims to bridge the gap between traditional services and digital solutions by offering physical access points backed by Fawry’s latest global technologies, providing fast and integrated financial and banking services.

This qualitative expansion seeks to redefine the concept of the “digital banking branch,” moving beyond simple service delivery to become a platform that empowers individuals and institutions to access the formal economy with ease and security.

A Comprehensive Suite of Financial Services

The new branch will offer a wide array of integrated financial and digital solutions designed to support a broad base of strategic sectors, including banking, microfinance, FMCG, and emerging fintech startups.

Eng. Hossam Ezz, Chief Executive Officer of FawryPlus, stated: “As a leading fintech company, we provide integrated financial and digital solutions that include cash management, Know Your Customer (KYC) services such as bank account opening, issuance of e-wallets and prepaid cards, consumer finance, and money market funds. Our network also serves digital insurance, electronic sealing and signature services, international remittance disbursement, as well as Pick-Up and Drop-Off (PUDO) services for shipping companies, in addition to ATM hosting.”

He added: “These services are designed to support a broad base of strategic sectors… This underscores FawryPlus’ role as a key operational partner driving digital transformation and strengthening the financial inclusion ecosystem within Egypt’s business environment.”

About FawryPlus

FawryPlus is a subsidiary of Fawry, a leading Egyptian fintech and banking services company. It operates an extensive network of branches across Egypt, providing a comprehensive range of financial inclusion services and banking solutions. By combining a strong physical presence with advanced digital technology, FawryPlus aims to drive digital transformation and financial inclusion in line with Egypt Vision 2030.

Source: Follow ICT

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