M2P strengthens North Africa presence with new Egypt office

By Gloria Methri

M2P, Asia’s banking infrastructure company, has strengthened its presence in North Africa with the official opening of a new office in Cairo Festival City (CFC), Egypt. This strategic move underscores M2P’s commitment to supporting Egypt’s fast-growing digital financial ecosystem and expanding its influence across the region.

M2P first entered the Egyptian market in 2022, identifying the country’s rapidly evolving digital economy and increasing financial inclusion efforts as key growth opportunities. With a surge in digital payments, mobile banking, and SME-focused financial solutions, Egypt has become a vital market for FinTech players looking to drive digital transformation.

The inauguration of M2P’s new office was attended by key figures from Egypt’s Ministry of ICT, financial regulators, and industry leaders, reflecting the strong collaboration between the company and local authorities in fostering financial innovation.

Aligned with Egypt Vision 2030, M2P aims to provide cutting-edge FinTech solutions that address critical areas such as:

• Financial Inclusion & SME Enablement – Expanding access to digital financial services for unbanked and underbanked populations.
• Digital Banking & Payments Infrastructure – Strengthening banking-as-a-service (BaaS) capabilities for local financial institutions and FinTech startups.
• Agricultural & Microfinance Solutions – Supporting Egypt’s agrarian economy with tailored digital lending and credit solutions.
• Mobility & Toll Technology – Enhancing digital payments in transportation and logistics sectors.

Over the past few years, M2P has strategically expanded its global footprint, with a strong emphasis on emerging markets.  As part of its long-term growth strategy, M2P is set to establish a regional delivery centre in Cairo, which is expected to generate 80–100 new jobs across technology, operations, and business functions. By fostering local talent and driving innovation, M2P aims to position Egypt as a key FinTech hub in the Middle East and North Africa (MENA) region.