Established in 2005 to construct and operate the Egyptian government’s financial network, e-finance is a leading developer of digital payment infrastructures and a provider of network management and end-to-end process services. Since launch, e-finance has expanded into diverse corners of Egypt’s digital market and transformed itself into a fully- fledged investment group, holding a comprehensive portfolio. The Group controls five primary subsidiaries and holds stakes in a variety of ancillary investments.
e-finance’s flagship subsidiary is e-finance for Digital Operations, which processes the Egyptian government’s G2G, G2B, and G2C payments, most of its collections, and other networks using end-to- end digital solutions, while offering financial cloud hosting services. Khales, e-finance’s retail-focused subsidiary, provides merchants with a central bill-processing service through its network of more than 326 thousand POS machines, in addition to a host of value-added digital solutions.
Meanwhile, eCards is Egypt’s largest producer of smart cards and offers a host of data management and e-KYC solutions for financial and nonfinancial clients across the public and private sectors. e-finance’s e-commerce subsidiary eAswaaq is a digital of subsidiaries covering each link of the digital payment value chain and beyond. The Group’s holding structure positions it to target growth across multiple markets and drive valuable synergies across its business lines, expanding its market share in each segment while consolidating its ubiquitous presence across Egypt’s digital ecosystem, with a range of investments deepening its presence in a variety of new sectors.
