• Fawry plans to launch three new investment funds focused on gold, Egyptian ETFs, and Sharia-compliant shares.
• Since 2022, Fawry’s “Daily” fund has grown to 140K clients with assets worth EGP 2.5 billion.
• The company aims to invest EGP 150 million in promising firms and explore regional expansion in Saudi, UAE, and Iraq.

Fawry 

So what is happening? Fawry is gearing up to launch three investment funds ranging from gold, Egyptian stock exchange ETFs, and Sharia-compliant shares.

The founder and CEO of Fawry, Ashraf Sabry detailed his company’s plan in a roundtable discussion with Alarabiya Business.

Since launching the “Fawry Daily” fund back in early 2022, they have garnered around 130K–140K clients and with assets under management reaching EGP 2.5 billion.

What’s next? Looking ahead, the Egyptian fintech company, intends to invest up to 150 million EGP by the end of the year in promising companies. Furthermore, it aims primarily to acquire controlling stakes in businesses that complement its core operations.

Expansion

On the regional front Fawry is exploring opportunities in Saudi Arabia, the UAE, and Iraq. Still no final decisions on target markets or timelines have been made. A newly appointed management team has been tasked with thoroughly evaluating expansion options to identify the best fit for the company’s ambitions.

Why does this matter? Fawry’s strategy reflects a broader vision to evolve from a domestic payments provider into a regional fintech and investment player. 

Recent News

Previously, Fawry invested approximately USD 1.6 million (EGP 80M) in three Egyptian tech companies. On one hand, this was to aid the fintech company to continue to provide comprehensive digital services for businesses. On the other hand, the companies saw this investment as an opportunity to scale their services and enhance their business. 

In March 2025, Fawry announced that its fully owned subsidiary Fawry MSME Finance secured an Islamic finance license from the Financial Regulatory (FRA).