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MSMEDA signs EGP 30M financing deal with Flend to support SMEs

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has signed a new EGP 30 million financing contract with Flend.

Updated 6/22/2025 11:32:00 AM
Flend secures Egypt's 1st FRA digital NBFI license

Flend, a financing platform dedicated to small and medium-sized enterprises (SMEs), has received approval from the Financial Regulatory Authority (FRA) to become Egypt's first regulated digital non-bank financial institution (NBFI) for SME finance.

Updated 12/29/2024 6:52:00 AM