Strong Start to 2025: Revenues Climb 65.1% in Q1
Fawry (FWRY.CA), Egypt’s leading fintech powerhouse listed on the Egyptian Exchange, announced its consolidated financial results for the first quarter ending 31 March 2025.
The company recorded revenues of EGP 1,794.8 million, reflecting a sharp 65.1% year-on-year (y-o-y) increase. This remarkable top-line growth was attributed to the company’s continuous diversification and expansion across its service portfolio.
Fawry’s net profit for the quarter stood at EGP 605.4 million, representing an extraordinary 97.1% increase compared to the same period last year.
The company also achieved a net profit margin (NPM) of 33.7%, signaling sustained operational strength and the ability to scale efficiently without compromising profitability.
Segmental Highlights: Financial Services Lead the Way
Fawry’s Financial Services segment emerged as the standout growth driver in Q1 2025, contributing 40% to total revenue growth and achieving a remarkable 164.2% increase year-on-year.
Meanwhile, the Banking Services segment, Fawry’s second-largest revenue stream, delivered a strong 55.9% annual increase.
In tandem, the Supply Chain Solutions division posted a 35.3% rise in revenue, signaling the company’s strategic transition into a comprehensive ecosystem offering integrated, value-added services.
The Alternative Digital Payments segment also continued its upward trajectory, growing 30.2% year-on-year and maintaining its role as a core component of Fawry’s evolving ecosystem.
Technology Monetization Gains Traction
Fawry reported a 125% year-on-year increase in technology-related revenues in Q1 2025, highlighting the growing success of its monetization strategy.
The company has placed technology monetization as a central pillar of its future roadmap, with expectations that this stream will play a significant role in sustaining long-term revenue growth.
Operational efficiency remained a key focus, as targeted investments in internal streamlining allowed the company to deliver more agile, precise, and scalable services.
The integration of technology into all business layers continued to unlock new efficiencies and customer engagement opportunities.
Consumer Platforms: myFawry and Yellow Card on Growth Trajectory
Fawry’s consumer-facing products maintained strong momentum during the quarter. The myFawry app, in conjunction with the Prepaid Yellow Card, continues to serve as a unified digital financial hub.
These platforms offer a wide range of services including bill payments, promotional deals, Buy Now Pay Later (BNPL) options, medical insurance, and access to the company’s Money Market Fund.
Annualized throughput on myFawry surged by an impressive 117.5%, reaching EGP 27.4 billion.
BNPL loan balances surpassed EGP 1.3 billion as of Q1 2025, while the Net Asset Value (NAV) of the Money Market Fund crossed EGP 1.8 billion, underscoring the platform’s evolving role as a fully-fledged neo-banking solution.
Business Solutions Evolve with New Offerings for Enterprises
Fawry Business, the company’s enterprise-focused digital platform, saw continued development in Q1 2025.
In addition to payroll and acceptance solutions, the platform now offers corporate cards and supplier payment tools—empowering businesses with better financial visibility and operational control.
Fawry’s growing emphasis on embedded financial services is evident in the seamless integration of working capital financing directly within its payments journey.
This innovation provides SMEs with real-time access to credit at the point of transaction, streamlining liquidity management and eliminating common barriers to credit access.
AI and Big Data Integration Drive Innovation
The company is actively scaling its big data and AI capabilities, applying them across key functions such as fraud detection, customer engagement, credit scoring, and code generation.
These applications enable personalized, behavior-driven interactions and decision-making, enhancing user satisfaction and boosting internal efficiencies.
With data becoming a cornerstone of competitive advantage in fintech, Fawry’s strategic emphasis on AI underpins its ambition to deliver smarter and more responsive services across its consumer and business platforms.
Regional Milestone: First MENA Company to Receive MPOC Certification
Fawry reached a new milestone on the regional and global stage by securing MPOC certification for its proprietary Soft POS solution, Tap N Pay.
This makes Fawry the first company in the MENA region to achieve both CPOC and MPOC certifications and the 10th worldwide to obtain MPOC.
Tap N Pay, developed entirely in-house and backed by full copyright ownership, represents Egypt’s first native Soft POS platform.
The certification underscores Fawry’s technical leadership and ongoing commitment to innovation in the contactless payments sector.
Outlook: Sustainable Growth and Digital Inclusion
Looking ahead, Fawry remains committed to delivering sustainable, long-term growth while supporting the broader development of Egypt’s financial services sector and digital economy.
The company plans to continue investing in its core platforms, accelerating innovation, and expanding its reach across both consumer and enterprise markets.
With a focus on inclusivity, efficiency, and advanced technology, Fawry is well-positioned to remain a central player in Egypt’s ongoing digital transformation.
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