FRA Approves Expansion of Five Firms in Egypt’s Fintech Sector - Fintechnews Middle East

FRA Approves Expansion of Five Firms in Egypt’s Fintech Sector - Fintechnews Middle East

Egypt’s Financial Regulatory Authority (FRA) has granted approvals to five companies to expand their operations within Egypt’s non-banking financial sector, Arab Finance reported. Among them is Digified, a registered outsourcing services provider, which received approval from the FRA’s fintech applications review committee to extend its business scope. The company is now authorised to offer digital contract execution for non-banking financial pr…

Nice Deer Receives FRA Approval to Launch Egypt’s First Digital Factoring Platform for Medical Claims – العالم اليوم

Nice Deer, a leading innovator in Egypt’s health insurance technology (InsurTech) sector, proudly announces it has received official approval from the Financial Regulatory Authority (FRA) to establish Nice Deer for Financial Solutions Egypt’s first fully digital non-banking financial institution (NBFI) dedicated to providing factoring services for deferred medical insurance claims. This regulatory milestone enables Nice Deer to offer real-time, …