In the wake of the Heritage Bank crisis, fintechs are grappling with the challenge of rebuilding customer trust. While those covered by the NDIC can leverage this as a selling point, others must find alternative ways to demonstrate their commitment to financial security.
Fawry employees collectively hold 43.1 million shares in the company, representing a portion of the over 227 million shares allocated under the company’s Employee Stock Ownership Plan (ESOP)
EXITS MENA, a leading fintech advisory and arrangement firm for startups and SMEs in the Middle East and North Africa (MENA) region, is expanding its operations to Saudi Arabia. The company has partnered with prominent Saudi investors, including Ammar Ahmed Shata, founder of Ghutra...
Ten innovative African startups are making waves in the clean technology sector, having been selected for the prestigious Blue Wave and Regen Wave initiatives. The initiatives, spearheaded by BFA Global, FSD Africa, and the International Union for Conservation of Nature (IUCN), aim to accelerate...
In the wake of the Heritage Bank crisis, fintechs are grappling with the challenge of rebuilding customer trust. While those covered by the NDIC can leverage this as a selling point, others must find alternative ways to demonstrate their commitment to financial security.
Fawry employees collectively hold 43.1 million shares in the company, representing a portion of the over 227 million shares allocated under the company’s Employee Stock Ownership Plan (ESOP)
In September 2023, African mobility startup WhereIsMyTransport opted for Creditors’ Voluntary Liquidation due to its financial inability to meet obligations. The liquidator oversaw asset realization and debt settlement, adhering to the UK Companies Act of 2006.
