$1.2 BILLION MARKET VALUE. 55 MILLION+ MONTHLY USERS. SIX MILLION DAILY TRANSACTIONS. ONE EGYPTIAN FOUNDER BUILT A FINTECH POWERHOUSE THAT COMBINES SCALE WITH PROFITABILITY. The bigger story is how Ashraf Sabry, founder and CEO of Fawry, transformed a company launched in 2008 into one of Africa's leading publicly listed financial technology businesses.
From digital payments to financial services, Fawry has become an important part of Egypt's financial infrastructure. The numbers tell a powerful growth story: $1.2 billion market capitalization as of October 5, 2026. 55.4 million monthly users, according to Forbes Middle East. Over six million daily transactions, according to company-reported figures. 77% growth in net profit in 2025. No. 2 in Forbes Middle East's Fintech 50 ranking for 2026.
Under Ashraf Sabry's leadership, Fawry has built a financial ecosystem connecting consumers, merchants, banks and businesses. What makes this achievement remarkable is the combination of scale, profitability and long-term execution. Fawry demonstrates that African technology companies can move beyond startup funding to become established, profitable businesses with public-market recognition.
Africa's next fintech champions will not be measured by valuations alone, but by the scale, profitability and financial infrastructure they build.
