US EditionMaxAB-Wasoko Secures Egyptian Banking License In Fintech Pivot
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MaxAB-Wasoko Secures Egyptian Banking License In Fintech Pivot
Egypt’s Central Bank has granted MaxAB-Wasoko a pivotal financial services licence, enabling cash deposits and withdrawals for informal retailers through its mobile app. The approval, secured via partnerships with Banque Misr and Egyptian Banks Company as shared in a post, transforms the merged B2B giant into a quasi-banking channel for thousands of merchants, accelerating its retreat from traditional e-commerce logistics. The license represents…
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