Al Safy Group, Contact Financial Holding ink MoU to expand consumer finance offerings
Updated 1/13/2026 2:21:00 PM
Arab Finance: Al Safy Group signed a memorandum of understanding (MoU) with Contact Financial Holding to establish a strategic partnership aimed at offering innovative financing solutions, as per an emailed press release on January 13th.
This partnership is set to provide customers with a more flexible and seamless experience via modern fintech-driven solutions.
For the first time in the Egyptian market, the collaboration combines Contact's experience in offering integrated financial services and diverse solutions with Al Safy's robust presence across various vital sectors.
Under the MoU, an integrated and diversified financing platform will be set up, starting with consumer finance, to help meet customer needs and ease their financial burdens.
AI-powered and based on the blended finance concept, the platform will facilitate customers' access to unprecedented financial solutions.
This reflects the two companies' strategic vision towards supporting financial inclusion.
Since 2001, Contact Financial has been offering a wide range of financing and insurance solutions and services, including consumer finance, automotive financing, mortgage finance, financial leasing, and factoring.
Al Safy Group is one of Egypt's pioneers in the sectors of technology, digital services, distribution and trade, food, real estate, and urban development, in addition to transportation and automotive.
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