Cairo, 10 August 2025:
Fawry, Egypt’s leading fintech company, has announced a new strategic partnership with Forsa, a subsidiary of Drive Finance – part of GB Capital, the financing arm of GB Corp.
This step aligns with Egypt’s Vision 2030 to build an integrated and sustainable digital economy, reflecting Fawry’s strategy to advance digital transformation and support financial inclusion within the fintech sector.
The partnership aims to provide flexible, secure, and seamless services that meet the needs of diverse consumer segments by offering Buy Now, Pay Later (BNPL) options, alongside installment payment facilities via Fawry’s POS terminals—approximately 395,000 devices distributed nationwide.
This collaboration will also support merchants by enabling them to benefit from Forsa’s services, helping streamline daily operations and expand their customer base by leveraging Fawry’s extensive network.
Commenting on the partnership, Bassem Lotfy, Head of Business Development at Fawry, said:
> “At Fawry, we are keen to expand our business through collaboration with flexible financial entities such as Forsa. This reflects our commitment to providing diverse, secure digital solutions that support both merchants and consumers. These partnerships create added value for the Fawry network, contributing to our main goal of enhancing the end-user experience.”
For his part, Jaser Darwish, Chief Commercial Officer at Forsa, stated:
> “At Forsa, our aim is to expand the reach of installment and BNPL services in the Egyptian market, offering more flexible choices for consumers. Our partnership with Fawry will play a pivotal role in reaching a larger segment of merchants and customers. We fully recognize the importance of integrating financial services into POS terminals, and we are committed to continuing this integration in the future to simplify the purchasing experience for customers.”
It is noteworthy that this agreement falls within Fawry’s strategy to expand collaboration with major financial institutions in the Egyptian market. The partnership between the two companies will also cover e-payment solutions and other financing services, further enhancing the integration of digital financial solutions provided by Fawry to its clients and extending the reach of financial inclusion across Egypt.
About Fawry
Founded in 2008, Fawry for Banking Technology and Electronic Payments is Egypt’s leading fintech company, serving all segments of society. Its core services include electronic bill payments and mobile phone top-ups for millions of Egyptians. The company also offers various digital services such as e-tickets, cable TV subscriptions, and many other solutions.
Through its business model, Fawry enables enterprises and SMEs to accept e-payments via websites, mobile phones, and a vast network of POS terminals across the country. Fawry serves approximately 53.8 million customers monthly, processing over 6 million transactions daily through nearly 396,000 agents and a banking network of 36 banks. For more information, visit: www.fawry.com.
About Forsa
Forsa is a user-friendly BNPL mobile application. After downloading the app and applying for a credit limit, customers—once approved—can purchase all their needs, whether goods or services, from a variety of merchants and service providers available on the app through easy and simple procedures.
Forsa is owned by Drive Finance and offers a wide range of financial services and flexible installment plans for customers. The company’s business plan is built on core values, including diversity through offering multiple financing options via various partnerships, as well as speed and simplicity in financing, installment procedures, and the overall app experience.
Read More:
Fawry Concludes «AI Rising Gen» by Celebrating Promising Student Projects in Artificial Intelligence
