Lucky, Egypt’s fast-growing financial technology company, has raised $23m in a Series B round combining equity and debt, as it accelerates its expansion into North Africa’s consumer credit market. Its platform provides digital financial services and consumer credit solutions to users across Egypt. The fresh capital will be used to scale credit offerings, expand geographically, and strengthen operational and regulatory infrastructure — including preparations for new licensing requirements. CEO Ayman Essawy added that the company aims to broaden access to financial services while deepening investment in technology and infrastructure, particularly as Egypt’s regulatory frameworks evolve. Lucky has built partnerships with merchants and financial institutions and now serves a growing user base in Egypt.

Source: Daily News Egypt April 07, 2026 20:47 UTC