Company Information

Get to know Fawry

Founded in 2008, Fawry is the largest e-payment platform in Egypt, providing a convenient and secure way to pay bills and other services. The company's mission is to bring financial services to all of Egypt through its diverse channels, including a network of over 300,000 service points (retail kiosks), mobile applications (myFawry), and online payment gateways. Fawry offers a comprehensive suite of services including bill payments, mobile top-ups, online shopping payments, and various other financial solutions for both consumers and corporate clients, playing a pivotal role in Egypt's shift towards a cashless society.

Industry

Financial Electronic PaymentPRIMARY
Financial Banking
Financial Other Service

Contact

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Fawry

Egypt

Founded in

2008 (18 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.