logo-en
  • Home
  • Companies
  • Investors
  • Opportunities
    • Home
    • SME Loans
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. EBRD invests $21mn in Egypt’s MSS Holding

EBRD invests $21mn in Egypt’s MSS Holding

NOHA.GAD
Apr 17, 2025
EBRD signed an agreement to invest $21 million in the Egypt-based fintech company MSS Holding

Cairo - Sharikat Mubasher: European Bank for Reconstruction and Development (EBRD) signed an agreement to invest $21 million in Egypt-based MSS Holding, a Lorax Capital Partners company specializing in payments infrastructure and technology.

According to the EBRD, the investment involves a committed equity investment of $14.7 million (including pro-rata share of transaction costs) in DigiPay U.A., an entity established for the sole purpose of investing in MSS Holding, and an uncommitted follow-on equity investment envelope of up to $6.3 million to enable pursuing inorganic growth opportunities.

By supporting Lorax's investment in MSS Holding, Lorax will leverage its experience as an investor in successful fintech companies in the region and will drive growth by pursuing geographic expansion into underserved countries in the region, strategically expanding the client base, and further developing the product suite.

This investment aligns with EBRD’s Strategy for Egypt, which aims to enhance the country’s competitiveness by supporting the private sector growth and promote greater financial inclusion by advancing fintech and other digital solutions.

Tags

Fintech
Investment
EBRD
Payments infrastructure
Technology
Share

Attract clients with your ad

Start Now

Trending

Heerim Joins New Murabba to bring global design to Riyadh’s future downtown
MUBASHER.SA
Red Sea Authority licenses Maritime Solutions to offer coastal tourism activities
MUBASHER.SA
New Murabba, Honeywell collaborate to advance smart infrastructure in Riyadh
MUBASHER.SA
BlueFive Capital raises $2bn GCC private equity fund
MUBASHER.SA
TDF launches 3 new programs to empower tourism startups in Kingdom
MUBASHER.SA

Related News

Fintech News
Calendar Icon
Jul 9, 2025
SAMA licenses Awn to offer consumer microfinance services
Read More
Fintech News
Calendar Icon
Jun 30, 2025
PoS sales volume in Saudi Arabia rises by 12% in May
Read More
Fintech News
Calendar Icon
Jun 25, 2025
JeelPay, King Abdulaziz University to offer innovative tuition installment solutions
Read More
Fintech News
Calendar Icon
Jun 19, 2025
Alsulaiman Group acquires Taajeer Finance to lead financial services growth
Read More
Fintech News
Calendar Icon
Jun 16, 2025
NayaOne partners with AstroLabs to launch fully Saudi-hosted fintech platform
Read More
Fintech News
Calendar Icon
Jun 2, 2025
PoS sales in Saudi Arabia touch SAR 52 bn in April
Read More
Fintech News
Calendar Icon
May 27, 2025
WaffarX, DGTERA partner to boost customer loyalty in F&B sector
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • Opportunities
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher