- CEO
- Ibrahim Ali Sarhan
- Full Time Employees
- 1,148
- Sector
- Technology services
- Industry
- Packaged software
- Address
- Giza Egypt
- IPO Date
- Oct 20, 2021
- Business
- e-finance for Digital and Financial Investments S.A.E. is an Egypt-based investment holding company that operates as a developer and operator of financial technology platforms, digital payment infrastructure, government transaction networks, sovereign cloud solutions, and business process outsourcing services. Founded in 2005 and headquartered in Smart Village, Giza, Egypt, the company serves government ministries, financial institutions, private enterprises, merchants, and retail consumers primarily across Egypt, with growing operations in the Middle East and North Africa region, including Saudi Arabia.
The company operates through specialized subsidiaries and business units encompassing: e-finance for Digital Operations, which develops and manages the Government Financial Management Information System (GFMIS), national revenue collection and settlement systems, electronic customs clearance, digital pension distribution, and automated fare collection networks; eCards, which provides smart card manufacturing, personalization, card management systems, instant issuance technology, and digital credential management for banking, transportation, and national health programs; Khales, which operates a retail bill aggregation network, payment gateway solutions, merchant acquiring platforms, and point-of-sale (POS) terminal networks connecting utility providers, telecommunications operators, educational institutions, and e-commerce merchants to consumer payment channels; eAswaaq Misr, which develops and manages multi-sector digital commerce marketplaces, agri-fintech platforms (such as Mahsoly), B2B trading ecosystems, and digital tourism ticketing platforms for historical monuments and museums; eTax, a specialized joint venture with the Egyptian Ministry of Finance providing electronic tax filing, e-invoicing, electronic receipt systems, core tax administration platforms, and technical consultancy; eHealth, which manages digital health platforms, claims management systems, and technology infrastructure for Egypt's Universal Health Insurance System (UHIS); e-Nable, which delivers business process outsourcing (BPO), omni-channel contact center operations, customer support, and human resources outsourcing; and Sovereign Cloud and Data Center Services, offering Tier III certified hosting, enterprise cloud infrastructure, cybersecurity management, disaster recovery, and software-as-a-service (SaaS) solutions.
In recent developments, e-finance for Digital and Financial Investments S.A.E. has accelerated its regional expansion by establishing e-finance Saudi Arabia headquartered in Riyadh to export its digital transaction platforms, cloud infrastructure, and fintech services to the Gulf Cooperation Council (GCC) market. The company has expanded its sovereign cloud capabilities through multi-million dollar capital investments and strategic technology partnerships with global technology providers including IBM, Microsoft, Pure Storage, and Cisco to deliver hybrid cloud and enterprise artificial intelligence solutions in Egypt. In the tourism and culture sector, the company has deployed nationwide automated e-ticketing and digital payment systems across major archaeological sites, temples, and museums in partnership with the Ministry of Tourism and Antiquities. Additionally, the group expanded the deployment of its eHealth digital platform to support the phased rollout of the Universal Health Insurance System across additional Egyptian governorates, broadened its e-invoicing and digital receipt integrations through eTax, and continued to scale its merchant network and digital lending facilitation platforms across retail and business sectors following cornerstone equity investment and strategic backing from the Saudi Egyptian Investment Company, a wholly owned subsidiary of the Public Investment Fund (PIF).