Arab Finance: Fawry For Banking Technology And Electronic Payment reported a 28.9% year-on-year (YoY) increase in consolidated net profit to EGP 1.619 billion for the first half (H1) of 2026, compared with the same period a year earlier, as per an emailed financial earnings release.

The company's revenue in H1 2026 stood at EGP 5.222 billion, climbing 39% YoY.

Fawry said its YoY growth accelerated during the second quarter (Q2) compared with the first three months of the year across all financial indicators.

Banking Services remained Fawry’s largest revenue contributor in H1, accounting for 39.6% of the total after revenue from the segment increased 43.2% YoY. Financial Services revenue surged 65.1% to represent 32.3%, supported by the company’s expansion into neobanking.

Alternative Digital Payments (ADP) revenue edged up 2.9%, contributing 19.1% of the total, while Supply Chain Solutions recorded a 40.7% increase and accounted for 6%.

In Q2 2026 alone, Banking Services generated 49.1% of Fawry’s YoY revenue growth after expanding 40.8%. Financial Services contributed another 38.8%, while ADP and Supply Chain Solutions represented 2.1% and 5.7% of the increase, respectively.

The value of transactions processed through Fawry’s network rose 52.1% YoY to EGP 586.9 billion during H1 2026. Meanwhile, the combined gross loan portfolio across its microfinance, small and medium-sized enterprise (SME) finance, and consumer finance businesses grew 71.3% to EGP 6.613 billion.

Fawry also expanded the reach of its consumer products, with the number of issued prepaid cards more than doubling to 3.7 million in Q2, up 116% from a year earlier. The company said it upgraded its call center infrastructure to improve response times and service quality as adoption of the myFawry app and prepaid cards increased.

During the quarter, Fawry MSME Finance, the company’s wholly owned subsidiary, secured an EGP 550 million financing facility from the Micro, Small and Medium Enterprise Development Agency (MSMEDA). The package allocated EGP 300 million to microenterprises and EGP 250 million to SMEs.

The company said the financing would support entrepreneurs’ working capital requirements through its digital lending platform and contribute to the government’s efforts to bring informal businesses into the formal economy.

Looking beyond financial services, Fawry plans to begin the phased rollout of an integrated medical services platform in H1 2027. The project will combine its third-party administrator (TPA), pharmacy benefit management (PBM), and microinsurance capabilities.

“During the First half of 2027, we plan to commence the phased launch of our integrated Medical Services Platform, bringing together our TPA, PBM, and microinsurance capabilities. This initiative reflects our commitment to expanding access to quality healthcare, strengthening the medical service-provider network and leveraging technology and integrated data to improve service delivery while reducing fraud, waste, and abuse. Combined with affordable and relevant insurance solutions, the platform has the potential to address Egypt's significantly underpenetrated health insurance market and further Fawry's broader strategy of advancing financial and healthcare inclusion. We will execute this initiative with appropriate discipline, working closely with our partners and regulators, and scaling the platform in line with operational readiness, customer demand, and market adoption,” Fawry's CEO Ashraf Sabry said.