When was Fawry founded?

Fawry was founded in 2008 and raised its 1st funding round 5 years after it was founded.

Where is Fawry located?

Fawry is headquartered in Cairo, Egypt.

How many employees does Fawry have?

As of Aug 31, 2026, the latest employee count at Fawry is 4159.

Is Fawry a funded company?

Fawry is a funded company, having raised a total of $46M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 04, 2013.

When was the latest funding round of Fawry?

Fawry's latest funding was a $***** Post IPO round on Apr 12, 2022, with participation from 1 investor.

Where does Fawry rank among its competitors?

Fawry ranks 1st amongst 493 active competitors, of which 29 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Khazna, which secured $16M in Feb, 2025.

Who are the top competitors of Fawry?

Fawry's top competitors include Doxo, AutoPe Payment Solutions and UnDosTres. Among them, Khazna secured the most recent funding round in February, 2025.

Fawry - 2026 Company Profile, Funding & Competitors

Fawry is a public company based in Cairo (Egypt), founded in 2008. It operates as an App-based platform for consumer bill payments. Fawry has raised $46M in funding from IFC and EAEF. The company has 493 active competitors, including 29 funded and 15 that have exited. Its top competitors include companies like Doxo, AutoPe Payment Solutions and UnDosTres.

Company Details

App-based platform to consumers for bill payments. It offers services such as utility bills, travel reservations, mobile recharges, financial payments, subscription bills, and more. It facilitates payments via credit or debit cards. Application is made available on iOS, and Android devices.

Website: fawry.com
Social
Email ID: *****@fawry.com
Phone Number: +20 **********

Key Metrics

Founded Year

2008

Location

Cairo, Egypt

Stage

Public

Total Funding

$46M in 4 rounds

Latest Funding Round

Post IPO, Apr 12, 2022, $*****

Investors

IFC & 4 more

Ranked

1^st among 493 active competitors

Employee Count

4,159 as on Aug 31, 2026

Investment & Acquisitions

mylerz & 10 more

Similar Companies

Doxo & 759 more

Exit Details

Public

View Fawry's full profile

Fawry got listed on Mar 29, 2021.

Click here to take a look at Fawry's IPO in detail

Fawry has raised a total funding of $46M over 4 rounds. Its first funding round was on Feb 04, 2013. Its latest funding round was a Post IPO round on Apr 12, 2022 for $*****. 1 investor participated in its latest round. Fawry has 5 institutional investors.

Here is the list of recent funding rounds of Fawry:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 12, 2022	2829713	Post IPO	1946919	7295596	2692279	2696571
Nov 22, 2017	8843551	Series B	7136538	6568751	1871385	3287574
Jul 2015	1566256	Series B	9685374	7874430	EAEF	4590226

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View details of Fawry's funding rounds and investors

Fawry's employee count trend

Fawry has 4,159 employees as of Aug 26. Here is Fawry's employee count trend over the years:

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Top competitors of Fawry include Doxo, AutoPe Payment Solutions and UnDosTres. Here is the list of Top 10 competitors of Fawry, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fawry 2008, Cairo (Egypt), Public	App-based platform for consumer bill payments	$46M	IFC, ADQ & 3 others	72/100
2nd	Doxo 2008, Seattle (United States), Series C	Provider of mobile app for bill payments	$37M	Mohr Davidow Ventures, Sigma Partners & 3 others	63/100
3rd	AutoPe Payment Solutions 2006, Gurugram (India), Unfunded	App-based platform for bill payments	-	-	60/100
4th	UnDosTres 2015, Mexico City (Mexico), Series B	Bill payment solutions for consumers	$36.5M	IDC Ventures, IGNIA & 11 others	59/100
5th	Papaya 2009, Los Angeles (United States), Series B	App for bill payments	$65M	Bessemer Venture Partners, 9Yards & 9 others	58/100
6th	WHISH The Money Whiz 2017, Beirut (Lebanon), Unfunded	Online recharge and mobile payment solutions for consumers	-	-	58/100
7th	Mobilly 2005, Riga (Latvia), Seed	Payment app for transportation services	$1.2M	Zgi capital	57/100
8th	Khazna 2019, Cairo (Egypt), Series A	Digital wallet platform for individuals	$47M	Algebra Ventures, Quona & 16 others	57/100
9th	Sahl 2020, Giza (Egypt), Series A	Provider of mobile electricity card payment solutions. This service allows users to recharge their electricity cards quickly via a mobile application utilizing NFC technology. The platform offers a centralized payment system accepting various payment methods. Users can also track their payment history. Customer support is provided to ensure a positive user experience.	$6M	Ayady, e-finance & 1 others	55/100
10th	HURU 2021, Delhi (India), Unfunded	App-based platform for goal-based saving management, bill payments, remittances, and salary advances	-	-	54/100

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Fawry has made 8 investments in companies including mylerz and mylerz. Fawry has also acquired 3 companies including VCFO Consulting and CodeZone.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 15, 2026	Investments	mylerz	2019	Cairo (Egypt)
Feb 27, 2025	Acquisition	VCFO Consulting	2019	6th of October City (Egypt)
Feb 27, 2025	Acquisition	CodeZone	2010	Alexandria (Egypt)