Fawry $57.6 million profit

Fawry for Banking Technology and Electronic Payments (Fawry), Egypt’s largest digital-only financial services platform led by Ashraf Sabry, has posted its strongest financial results yet, reporting a net profit of nearly $60 million for 2025.

The performance reflects Fawry’s leadership in Egypt’s digital payments market and the country’s rapid move toward cashless transactions.

According to its consolidated financial results, Fawry’s net profit surged by 79.83%, climbing from EGP1.61 billion ($32.04 million) in 2024 to EGP2.89 billion ($57.61 million) in 2025. This substantial growth cements its standing among Egypt’s most profitable businesses.

Revenue growth fueled by banking and financial services
Fawry’s impressive profit increase was driven by a 57% jump in total revenue, which reached EGP8.65 billion ($172.52 million) in 2025, up from EGP5.51 billion ($109.89 million) the previous year. This surge was fueled by the expanding adoption of digital payments across Egypt and the company’s continued push into banking and financial services.

Revenue from banking services soared 52.02% year-over-year to reach EGP3.51 billion ($70.08 billion) as Fawry strengthened its partnerships with banks, MSMEs, and large corporations. Meanwhile, its financial services segment saw even more than double growth, with revenue rising 135% to reach EGP2.38 billion ($47.5 million), led by SME lending, consumer finance (BNPL), and insurance brokerage. Alternative Digital Payments grew 17.6% to EGP2.01 billion ($40.08 million), while Supply Chain Solutions advanced 42.9% to EGP496 million ($9.89 million).

Rapid growth in digital transactions
Fawry’s “myFawry” app processed 393 million mobile wallet transactions in FY2025, with a processed value of EGP835 billion ($16.65 billion), up 71.8% year-on-year. The app’s downloads surged 39.4% to 24.2 million, while prepaid cards issued climbed 172% to 2.73 million, capturing an estimated 7–8% of the total prepaid market. Total throughput value across Fawry’s network rose 56.8% to EGP943.6 billion ($18.82 billion).

Fawry strengthens position in digital payments
Founded in 2008, Fawry now serves an estimated 54.8 million active customers monthly, processing more than 6 million transactions per day, supported by a network of 36 member banks, 377,000 agents, and AI-driven digital services.

CEO Ashraf Sabry also holds a 2.345% stake, equivalent to 40,036,282 shares. The company continues to expand its ecosystem with neobanking, payroll, medical insurance, BNPL for business, and investment products, including Gold, Shariah-compliant, and EGX30 index funds.

With Egypt’s fintech sector rapidly expanding, Fawry is focused on strengthening its position through technology investments, strategic partnerships, and new product innovations. As digital payment adoption continues to accelerate, the company is well-positioned to drive financial inclusion and shape the future of Egypt’s financial ecosystem.