In line with Egypt’s national digital transformation strategy and efforts to enhance regulatory and supervisory efficiency, the Financial Regulatory Authority (FRA), in strategic partnership with e-finance, announced the launch of the first fully integrated digital payment network for the non-banking financial sector. This unified electronic platform enables secure and efficient digital payment of fees and dues related to FRA services.The new payment network aims to streamline interactions between entities operating in non-banking financial activities and FRA services, accelerating workflows, reducing reliance on paper-based processes, improving institutional performance, and reinforcing principles of governance, transparency, and market discipline.Dr. Mohamed Farid, Chairman of the FRA, stated that the launch of this network reflects Egypt’s commitment to comprehensive digital transformation as a key driver of economic growth, market efficiency, and investment climate improvement. “This initiative aligns with the leadership’s vision to build a competitive economy powered by technology and innovation,” he said.Farid added that the network is a practical application of the Smart Regulation concept, enabling supervised entities to register electronically, access real-time financial obligations, and settle payments through secure digital channels. It also allows transaction tracking, reducing processing time and enhancing transparency and institutional compliance. He emphasized that data protection and transaction stability are top priorities, noting that the platform provides a trusted and secure environment that strengthens investor confidence and supports the efficiency of non-banking financial markets.Ibrahim Sarhan, Chairman & CEO of EFIG, described the partnership as a strategic milestone for the company, marking an organized and scalable entry into one of Egypt’s fastest-growing and most diverse sectors. “This launch is not just an operational solution; it lays the foundation for a comprehensive digital financial infrastructure that can evolve to deliver value-added services and foster deeper collaboration with FRA,” Sarhan explained. He highlighted that the initiative will enhance user experience, create sustainable growth opportunities, and maximize returns on eFinance’s investments in technology and national digital infrastructure, reinforcing its role as a strategic partner in Egypt’s digital transformation journey.The platform offers supervised entities electronic registration, account creation for authorized representatives, access to FRA services, real-time viewing of financial obligations, and secure payment through approved banking channels. Users can also monitor transactions and review financial records. Built on the highest cybersecurity and data protection standards, the system employs multi-layered verification mechanisms to ensure transaction integrity and data accuracy, delivering a safe and seamless user experience.FRA affirmed that this launch represents a significant leap in upgrading the technological backbone of regulatory services and reflects its commitment, in collaboration with eFinance, to adopting modern digital solutions that enhance market competitiveness and support Egypt’s vision for a fully integrated and sustainable digital economy.

eFinance Investment Group proudly celebrated its 20th anniversary with a landmark gala at Giza Palace, marking two decades of pioneering achievements in digital transformation and financial inclusion. The event brought together Egypt’s most esteemed leaders, including eight current ministers, more than eleven former ministers, and numerous high-ranking officials and decision-makers, underscoring the Group’s vital role in shaping Egypt’s digital economy.The evening featured a powerful documentary film, “20 Years of eFinance,” showcasing the Group’s journey and milestones through the voices of key figures, partners, and former collaborators, backed by archival footage from the past two decades. The film highlighted eFinance’s impact across multiple sectors and its role in driving Egypt’s digital transformation.Guests were also treated to a spectacular live interactive entertainment show, creatively narrating eFinance’s story and its transformative impact on the economy and society, followed by a dazzling performance by Lebanese superstar Elissa that added an unforgettable touch to the celebration.A special moment of recognition took place as H.E. Ahmed Kouchouk, Minister of Finance, honored Dr. Youssef Boutros Ghali for his visionary contributions to Egypt’s financial sector and digital transformation journey.Mr. Ibrahim Sarhan, Chairman & CEO of eFinance Investment Group, stated:"Our journey began with a vision and the unwavering support of the state. Today, we have successfully built the largest electronic payment and collection network in the region, serving millions and enabling faster, easier services for citizens and investors. We remain committed to innovation and expansion, both locally and internationally."H.E. Ahmed Kouchouk, Minister of Finance, added:"eFinance is an inspiring Egyptian success story that has significantly improved services for citizens and strengthened the efficiency of our economy. I am very proud of this important experience and grateful to all who made this dream a reality. Our ambition with eFinance is great—it is an investment in the future, leveraging cutting-edge technologies inside and outside Egypt. Several countries have requested to replicate Egypt’s pioneering digital transformation model through eFinance to develop their public finance systems. Together, we have a tremendous opportunity to move forward."As eFinance Investment Group enters its next chapter, the company continues to lead with innovation, collaboration, and a strong focus on enabling financial inclusion across Egypt and beyond.

Helwan University today unveiled a comprehensive suite of digital services in collaboration with eFinance Investment Group, a leading fintech company in Egypt and Africa. This initiative marks a significant step in accelerating digital transformation and promoting financial inclusion within the education sector.The launch event, held at the university’s Arts and Culture Complex, featured an overview of Helwan University, a video presentation of the new services, and speeches highlighting the importance of collaboration between academia and the digital financial sector. A panel discussion also explored the future of digital transformation in higher education.A New Era of Smart Campus ServicesAs part of its commitment to enhancing student life and creating a fully digital learning environment, a unified smart app was introduced. The app allows students to:•    Stay updated with university news•    Receive a digital student ID card with a QR code•    Pay tuition and bills electronically•    Receive digital receipts•    Track class schedules and academic evaluations•    Get instant support and assistanceAdditionally, the university launched a smart ID card integrated with the Rize app, offering a secure, all-in-one solution that combines student identification with financial services. The card empowers students to manage their finances early on, enabling:•    Money transfers•    Secure online shopping•    ATM withdrawals and deposits•    Bill payments and mobile top-ups•    Access to exclusive student discountsThe card also serves as an official university ID, displaying the student’s name, photo, and faculty, ensuring a seamless experience that merges academic and financial functionalities.Leadership PerspectivesIbrahim Sarhan, Chairman and CEO of eFinance Investment Group, stated:“Investing in digital education is a strategic priority for us. It enhances learning quality, expands communication, and supports economic efficiency. Our partnership with Helwan University reflects our commitment to Egypt’s digital transformation and financial inclusion goals. The unified app and smart card represent a major leap forward in campus services.”Prof. Dr. El-Sayed Kandil, President of Helwan University, added:“This launch is a pivotal milestone in our vision to modernize education and simplify student life through technology. Our collaboration with eFinance demonstrates the synergy between academia and the digital financial sector, positioning Helwan University as a forward-thinking institution aligned with Egypt’s digital agenda.”Toward a Digitally Empowered FutureThis initiative marks a transformative moment for Egyptian universities, fostering a digitally aware student community ready for the demands of the digital economy. It reinforces Helwan University’s role as a pioneer in integrating technology into higher education, in line with Egypt’s national digital transformation strategy.