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Thndr Claps » EGY Claps » Tech 📲 » E-Finance continues its expansion efforts

E-Finance continues its expansion efforts

by Shams Abbas
November 28, 2022

The Clap
E-Finance (EFIH) is currently exploring its expansion options, whether in its product offering or geographically.

What
The company spent EGP 390 million in developing the infrastructure of its subsidiary E-Health, & is actively looking to expand its presence, especially in Africa.

So what
E-Finance plans on entering new markets through acquisitions &/or partnerships, as it expects them to boost investor returns significantly.

Now what
The company is waiting for the CBE’s approval to launch digital banking, which eliminates the need for customers to physically visit branches for any paperwork.

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