Ashraf Sabry, CEO of Fawry, said that we are awaiting the approval of the Central Bank of Egypt to provide the service of receiving and transferring money through the “Fawry Payments” application.
The CEO of Fawry added that we are studying applying to the Financial Regulatory Authority to add factoring activity to the activities we offer, according to what Bloomberg East reported.
He continued: We applied to the Financial Supervision Authority to obtain the “Electronic Signature” and “Know Your Customer” licenses.