March 31, 2021

Alexbank participates in fintech initiative


ArabFinance: Alexbank took part in FinYoLogy-FinTech for Youth initiative that is organized by FinTech Egypt, an affiliate of the Central Bank of Egypt (CBE), according to a March 30th emailed press release.

The initiative, which is launched in collaboration with the CBE’s Egyptian Banking Institute, aims to support youth and encourage innovation to achieve the sustainable development goals of Egypt’s Vision 2030.

It is designated to discover and support young talents to grow the Egyptian fintech ecosystem by fostering and inspiring the youth and university students of different related majors. This shall help them to conduct fintech projects and innovative solutions.

Alexbank had joined the initiative in its first pilot run in 2020, and continued its participation through the second phase.

The bank entered into a partnership agreement with Startup-bootcamp and Pride Capital in 2019 to help foster a better ecosystem for entrepreneurs to thrive in the fintech space. It sustained the first graduating cohort of 11 Egyptian startups.

A month ago, Alexbank inked a trilateral agrrement with UnionPay International and Network International to enhance digital payment solutions.

arabfinance


Categories : banking

Finance & Economy

Macro Group postpones IPO

2021-04-12 08:00:00

ArabFinance: Macro Group Pharmaceuticals announced postponing its initial public offering (IPO) on the Egyptian Exchange (EGX)"...
Read More

EGX okays listing Fawry's rights issue
April 12, 2021
Cleopatra Hospitals among 3 parties to s...
April 12, 2021

Latest News



banking

SKY AD, FAB sign protocol for mortgage l...
April 12, 2021
Banks in Egypt increase capital to compl...
April 11, 2021
CIB 1st bank to support climate-related ...
April 8, 2021