Fintech License In Egypt: CBE & FRA Licensing Guide

There is no single fintech license in Egypt. The licence required depends on the financial activity behind the technology. Payment services and payment systems generally fall under the Central Bank of Egypt (CBE), while non-bank financial activities such as consumer finance, BNPL, microfinance, insurance and investment services are generally regulated by the Financial Regulatory Authority (FRA).

Introduction

A payment gateway, digital lender, BNPL application, insurance platform and robo-advisor may all describe themselves as fintech businesses, but they do not follow the same licensing path.

The key question is therefore not whether a company is a “fintech,” but what regulated financial activity the business actually performs.